Renting to college student group-consider as single payer/tenant?

[Heather Ochoa]

my daughter will rent our new town home, and has one friend arranged and approved as roomie. They are looking for an additional 2 gals, and I now have concerns about approving these other girls, and ensuring a steady cash flow as things gel.

I will have all fill out application, get co-signers, have a standard lease. I guess I plan to require a single check or electronic payment from the group, and I plan to have pretty strict late dates and fees. 

But how do I help my daughter (and myself) by making her responsible to her group, and still wave the bat of eviction for those who might take advantage of the others? I don't really want to punish the 3 if one turns out to be a deadbeat. Ideas, experience?