You can buy the property in your own name and buy enough liability insurance to protect your assets in case of a lawsuit. 

Renters Insurance really only covers tenant personal possessions.LTR landlords typically require it as just another level of protection to avoid tenant lawsuits when backups, floods, etc. ruin tenant possessions.If you are providing a fully-furnished home, all they are bringing are clothes and personal items.

Hello BP Community, In 2020 I put an "In-law suite" in the south shore of MA up for STR on Airbnb and have had success over the past year.

I employed this strategy as a Private Client Banker in Florida with clients that were more susceptible to law suits back in the day.

As an aside, the RSA (Rent Stabilization Association) which represents over 25,000 landlords in NYC has recently commenced a lawsuit against the city for violating property owner's constitutional rights of owning property.

Therefore if I either decided to sell or rent, there would be the possibility of buyer/renter future complaints, maybe even a lawsuit. 

It's not quite as much about anonymity as isolating each property and account to limit your liability in the event of a lawsuit.

But it does seem like an issue that a plaintiff's lawyer would try to use to penetrate the various series entities in a lawsuit.  

I am currently putting an in-law suite addition on the house and using a home equity loan to do the reno; my question is should I pull out an additional 36k from our equity to repay the 401k? 

The only other options you have, depending on your local laws and Governing Documents of your HOA are mediation or arbitration, both of which are much less costly than a lawsuit.