Additionally, you must notify your insurance company to adjust your policy to cover short-term rentals, ensuring you have appropriate coverage for liability and property damage specific to Airbnb operations.

Cons might include increased inspections and regulations, potential for property damage, and the possibility of dealing with tenants who have more complex needs.

Build a robust risk management framework to protect assets and instill confidence.Key Factors to PrioritizeEvaluating PeopleAssess the capabilities, track records, and reputations of the management team and key stakeholders.

I plan to give my tenants a proper notice to inspect the apartments for any damages negligence.

If they deliberately do something to damage the AC, then yes I would expect them to pay for it. 

The damage to the sheet rock in the basement wasn't bad, and I set up a bunch of fans and ventilation in order to prevent mold from growing.I went to check on the first floor apartment to see if there was any damage and luckily there wasn't.

And yes, I will pursue damages to the fullest extent of the law. 

I entered into a contract with a reputable builder ( at least I thought at first) in SW Florida.

I doubt I'll ever get my back rent and damages back either, but I figure if they ever get their lives back on track or they win the lottery :-) I'll be in line to collect.

If the report is from a reputable credit reporting agency and includes all the information I require, I see no reason not to accept it.