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Renting an apartment in Europe

I saw the news item on TravelGumbo yesterday that Expedia is going to rent apartments on its site with some other company. I kind of like the idea, because cheap hotel rooms only seem to have enough room for me, my GF and suitcases...but I don't know much about it. Can someone help me with questions?

 

1. How long do you have to rent for...can it be a few days?

2. How do you know what kind of neighborhood an apartment is in?

3. How do you check in or out?

4. Do people have problems with neighbors?

Is there anyplace besides Expedia it's safe to rent?

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