Installed fine. 

In Milwaukee that is a $60 "fine", but we get along with the inspection department very well, we have the same goal: confirm and make sure everything is done propperly.Where is your agent in all this?

As long as you follow the rules like lawn maintenance, paint the fence a certain color, keep the house a decent color you'll be fine.

A judge would likely require the $20,000 non-refundable option fee be refunded and possibly all payments made under the agreement along with maybe a fine.

LLC is fine but I can guarantee they will sue you personally not matter what.. 

Don’t trust anything on a listing as everyone advertises Airbnb potential when 90% of those listings are not zoned for Airbnb and you will be fined.  

What if your tenant breaks the rules continuously and you keep getting fined.

I know some investors are fine with losing some money each month, but I prefer to have some cashflow.  

Fines, theft, fires, drug overdoses, collapse ceilings it never stopped.

Because liability insurance + homeowners insurance + separation of finances + taking care of my property and tenants + being leveraged (the bank owns the house and anyone that might sue me will be in line after the bank) = a fine liability strategy for an investor starting out.