I've lost friends and family to substance abuse so it seemed like an opportunity to do some good and make money in the process.I negotiated a sweet deal, and was prepared to buy it myself, but a few of my clients expressed interest and I ended up helping two of them form a partnership.

I’m wondering how I can protect myself if they somehow rack up the bills/ abuse the policy. 

I would just cap it generously to only catch abusers and figure the normal running costs in your rent. 

Poor communicators, poor housekeeping skills, prescription med abuse, big dogs that they couldn't properly care for, damaging, etc.

I have never seen a judge turn down a request for more time for a qualified sale, unless the homeowner has already abused the system for excessive periods of time.

Here's a breakdown:New Orleans Duplex: Firing the property manager is likely the right move given the prolonged vacancies.

Many tenants abuse free utilities and stick their landlords with the amounts that exceed what S8 pays.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

A general rule of thumb though (not a hard rule) is that if a market has a prolonged history of vacation rentals such as towns whose commerce is very dependent on tourism like beach or mountain towns, then there is a good chance than those towns have established their airBNB regulations decades ago and are likely stable.

The story behind Rommel here is that he was in a very abusive household with some bad guys.