In FL flood is typically the main cause along the coast.

Especially with me owning my own gc company, I am probably willing to take on some buildings with a little more tlc needed that may scare other investors or cause too much headache.

Negligence is only a cause of action when there is a legal duty owed. 

May see some slight reductions but we are most likely not going from say 7% to 5.5% unless of a major economic crisis which would also cause home prices to get hit.

It depends on a lot of factors; primarily the local jurisdiction rules that may limit lease changes (in Portland/Oregon rent, security deposit, screening fees, an no-cause evictions are heavily regulated).

I can't imagine they would cancel your loans like this other lender has unless they had cause.

I do have folks that don't book because of that.That is a good thing as not understanding the distance to get places will create bad blood and cause those 2 and 3 star reviews which no one wants to see.Like @John Underwood, our place isn't cheap so we don't get the folks that destroy places.The bottom line is that you are renting out an expensive asset to strangers for 3-10 days or whatever.

And even if the tenants chooses to stay in your property for 2yrs, the damage they may cause will eat away all of your cash flow and leave you potentially upside down.

Depending on the rents and condition of the property, you could find a value or at least a price that would cause it to sell.

The crash caused significant structural damage, and the driver fled the scene, later reporting the vehicle stolen.