At all times I could sell my lots and cash everyone out with a profit.. thats how i set this up.. not the greatest returns but safety.

.💼 - Under the new regulations, property owners will need to obtain a short-term rental permit, pay a fee, and comply with various safety and health requirements.🛌 - The regulations also limit the number of occupants in a short-term rental to two persons per bedroom plus two additional persons.📞 - Short-term rental operators must also provide contact information to neighbors and respond to complaints within 30 minutes.💬 - The regulations were developed with input from stakeholders, including short-term rental operators, residents, and community organizations.

As opposed to subject-to where you'd be responsible for making loan payments to the seller's lender each month, they retain that responsibility and, therefore, that safety and control. 

@Bryan Young  just a thought that putting a garage door and having a pool in the garage leads to some pretty challenging safety issues.

As pet lovers ourselves, we typically like to meet your pets at some point in the process, too.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+.

This highlights my exact fears with an HOA.Just crazy to spend that much money and not have true control over your property.Even from the live-in owner side, HOAs don't provide that much of a safety net.

Leasing implies you provide a residence with safety.

I wonder if getting the basement done while they are there can raise safety or health concern.  

The requirements that the city has for the condition of properties are mostly common sense safety type stuff. 

Guest safety is the most important, yet overlooked, priority for investors.