Some just claim to be "turnkey" when really all they do is farm the MLS for homes they think look like they do not need a lot of work.

Your E&O insurance may have to cover these investment properties especially someone wants to sue you claiming you never mentioned you are a realtor.

A landlord can sue (small claims) for the unpaid bill, but cannot remove the negligent tenant.

The way I understand it, you can opt for AirBnB to include the tax in the price of the rental and withhold that amount from your payments or you can just claim the income and pay the 7% at tax time.

There was a quit claim from husband to wife back in 20124. did a skip trace for phone numbers and I believe the property owner is dead5. trustee information is a law firm6. from what I can see there is very high equity in the property.I spoke with a neighbor and he told me it was a nasty divorce situation and the house has been abandoned for years.

People claim that you need to accept dangerous breeds, but there is precedence that says you don't have to.

The business claims it nets 120K, the owners are not currently paying themselves rent.

The tenant could take me to small claims.. please give me your imput.  

If you do inform them, will they initiate a claim or contact the tenant which could eventually set things in motion?

You can always carry a higher deductible and you aren't penalized for filing claims, so even if you carry 5k or the new 10k deductible and the loss is less it doesn't impact your premiums for filing it to see if you could get something.