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Interesting idea, sounds like a nightmare for insurance underwriters though, if according to the T&C hosts are to obtain insurance on their own? Merely curious: does anyone know any providers who would underwrite a policy that covers you in case a total stranger hurts themselves on your leg press?
This reminds me of the startup idea generator that spat out "airbnb for workouts". My reaction to the basic idea is the same I had for a startup I saw on Shark Tank (I think), which was airbnb for pools. And that reaction is: ewwww, no thanks.

I just can't imagine ever using such a thing. Of course, I'm not a gym user in general so take my opinion with a grain of salt.