But how much damage will be done by hoping for the unknown and operating at a loss?

But surely you can evict if they cause a lot of damage or don’t pay their rent, right? 

Umbrella Policies are good, but they are not an asset protection tool, they only cover litigation/damages after you’re already in litigation or found personally liable.

Would diligently screening them limit the risks of tenants damaging the property?

Ex) $500 to get them out without damaging anything vs ~$1000-$2000 in legal & other fees. 

You do the most damage with the least exertion, beautiful, ....yeah Elevate owns some of the worst properties in the worst parts of town here in Houston.

Looking for people's advice on whether or not to pursue small claims court lawsuit for all my costs (rent, advertising, damages, legal minus deposits).

If there is mold, it will usually be A) on the subfloor exterior, joists, and insulation in the crawlspace, or B) in any areas of water damage/water leaks inside the walls, behind tile in bathrooms, etc.

We did notice some water damage in the front of the house but was told the roof is in good condition.

I also let them know if there is any damage they will be charged for damages.