I've used an extra guest fee as insurance for parties to recoup some money for damages successfully.

One is the order of possession and the other is an award for the monetary damage.

Small Claims Court is also good, pro is you get an enforceable judgement so if anything is unclear such as damages amount that will be determined, cons are time and expense involved and once you win the big challenge is enforcing the order.  

Once they move in, it becomes the damage deposit.

Hello BP community,I have given termination of lease to end this month to a Sec 8 tenant who violated the lease with subleasing, damage, and failure to cure and repair damages est. $35,000.

The kids can wreak havoc in a unit so more damage than the avg market-rate tenant. 

We’re fine with them flushing toilet paper, of course, but tampons/shop wipes, etc. was not meant to be flushed and can damage our septic system according to the plumber.How would you handle this?

Terms for the seller 2nd have generally been 5%, interest only, 5 years.I'm only considering properties under this scenario that cashflow well immediately, in addition to having a strong value-add element.

Were very hesitant to rent it out to such a large party because we did such a great job updating the home and we feel that all that work may get damaged in a short period of time.

Whether or not you have an LLC, if you are found to be grossly negligent, it could be you that is writing the check for the judgement, and depending on the state, it can be up to four times actual damage.