Read this fine forum.

You buy it and now go to look at your beachfront and see a dumpsite of shingles or tires, that will cost you more than the lot is worth to clear out and maybe have the EPA just waiting for someone like you to jump on with fines for the cleanup. 

Ok, fine.

They will not cover you at all for anything, it'll be in the fine print of your contract that they don't cover rentals. 

I have units without washer and dryer and they rent fine but I found myself showing to people who really wanted the washer dryer way too often so I do put that in the ad and review it again on talking to them.   

It's fine that it's on schedule E and not in an LLC. 

But I am sure they talked about fines and penalties. 

The tenants in back apartment were married, was informed by the female that they were getting a divorce but she would be fine paying rent alone.

On the surface that sounds fine except with VRBO I did not where I have access to their credit card to charge them directly but rather I could submit an extra charge and it's up to the guest if they pay or not.

It’ll give you better cash flow and more rental income to offset your mortgage.Condos: Condos are fine, but they often come with higher fees and slower appreciation.