The tenants should get renters insurance to cover their belongings.  

Candid conversation between a man and his financial plannerFinancial Planner: Do you drink beer?

This will ensure that each individual is covered for "their own" personal belongings and liability.

They bring the pallets to the STR, dismantle and burn them while drinking beer. 

I don’t know how the IRS find what belongs to what eventually as they won’t link the holding to the disregarded entity that way.

I'm still looking for a place, I just want those ducks where they belong.

@Austin Bright  Do you belong to a local REIA? 

The way I read this aligns with what I see here in CA as actual practice: you don't have to belong to the Association of Realtors to have MLS access, but you still have to hold an active real estate license (or be an unlicensed assistant employed by a licensee, or a licensed appraiser).

I do, however, think exposure to the cryptocurrency space belongs in the portfolio (1-20% of net worth). 

So you can do Oakland open houses 2-4, then commence to drinking beer and hanging out right after.