The Tenants policy will defend them on a covered claim.You can have your agent run a quote on a couple of levels of contents coverage and send it to the tenants. 

It sounds like you have experience, but that level also plays a role. 

And stepping outside that box is a risky thing these days.So you'll need to watch out for that as well as the extra level of protections necessary to secure the property for you and either provide a profit incentive to the unrelated party or protect them from a taxable event.

It's an entry level home and in this market, that segment is white hot.The agent not only ignored the expiration time on the offer, but the next morning after the offer had expired asked for it to be resubmitted without the escalation clause in order to "be fair to everybody", which is a load of BS.We did resubmit. 

I feel that based on my interaction with them, that they would be responsible pet owners, although pets always incur a level of damage.  

I would have it listed and see what the level of interest is.

If mom and pop tenants are paying above market rent because landlord did not want to give TI and they do not disclose sales with weak guarantee on the lease and sweetheart terms then it's a bad deal for us even if area has high demo's for income and population levels etc.

It's hard for me to imagine pet damage that extensive though.I'm wondering if the smell penetrated into the insulation behind the walls at the lower levels and if it's getting into the new / cleaned areas and "reinfecting" them?

As long as you have someone to lean on for your 5k questions along the way, you'll come out ready for a second on a more independent level! 

Not sure this is a great deal but it’s in an A neighborhood and I can airBnB the 2 bedrooms in the lower level to generate income.