Depending on the severity of smoke damage and structural issues, it could be a huge challenge for first time flip.

Along with a kiddy-pool sized litterbox in one corner of a room, cat urine and feces in the OTHER corner of the room on the carpet (newly installed by the seller when I bought), and a smell that made my eyes water walking in the front door.The lease has a clause for Tenant-Caused Damages resulting from tenant negligence.

On the disclosure form, the seller had indicated “no” to any known damages.

Quote from @Alex Tang: One of my rentals was heavily damaged by a fire after Thanksgiving. 

How do you believe they damaged this door seal?

Maybe they would/could take it upon themselves to pay for the repairs to the roof to salvage your unit and prevent further damage then they would go after the HOA to recoup costs.

I expect that I may have excessive damage on this home as well. 

As we’re beginning to get a grasp on the scale of the challenges ahead we wanted to highlight a few areas of note and concern that is already influencing the local and national real estate market.

The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.

What changes did others incorporate into their leases that were influenced by this years tenant interactions?