I started thinking about this after reading Kristin’s post about “Fairy Godmothers” and the damages.
What steps do some of you take to control the damages to either the community or units owned by you?
Do you require tenant insurance? Do you automatically include M2M insurance in their rent/lease like many storage facilities now require to protect tenant property? Do you require the tenant to cover the first $X of any repair / service? ie: stopped toilet
If upon move out, the home is damaged beyond ordinary wear & tear, AND beyond the security deposit, do you seek remedies in the courts?
Yes, I understand that screening of tenants can help eliminate some, but not all.