I’ve rented houses a few times from VRBO, it always went well. My sister has a big ol’ Victorian in Spokane with a separate apartment, I think it used to be a servant’s quarters. She AirBnB’s it along with her Idaho vacation rental and loves it – as a landlord she’s had a far better experience with AirBnB than with VRBO. It helps that she’s retired and has the time to turn them over.
Wifey and I have a Lennar “next gen” home in Temecula, and after the in-laws move on and kids are away at college, we’ll probably AirBnB the casita at least a few weekends a month. I can’t imagine not doing it. Easy money.
What the HOA doesn’t know won’t hurt them. So far they haven’t been especially nosy or evil.