And most of the damages a guest will do can be covered by these str booking sites insurance.Your budget will prevent you from buying homes in some of these big cities or vacatation areas with tons of str's. 

Sure you have the right to sue for damages but that's it. 

Yes you can sell a fire damaged property and keep the insurance money.

I’m active duty Air Force with four properties.

Modern lumber is also a lot more prone to termite damage as it is softer and easier to consume whereas old lumber is extremely resinous and naturally termite resistant.

We recently bought a property that we have found out within the first few weeks of owning it that is has VERY SERIOUS drainage and humidity issues and lots of previous water damage that the sellers did not disclose.

Only if you can prove monetary damages due to negligence or fraud.

. - Only 4 houses down from my current home in metro Detroit, MI.We toured the property and it was a hot mess, easily a complete remodel because of cigarette smoke damage that seems to have reached every corner, but the prospect of redoing it really excites us.

Still not 100% certain there is no damage to any of them, but so far it seems all is good.

All of my Asheville STRs have significant, but manageable, damage apparently.