The tenant in place at the time rarely paid her rent of $900 / mo and was destroying the property.  

I’ve also had tenants destroy carpets that we’re still very usable and had a lot of life in it and in those cases, I did charge(prorated).

We had a 3 year old house get mostly destroyed from a tenant started grease fire. 

This past hurricane (Ida) was a whopper and flooded the first floor, destroying the 2 kitchens.

If you can acquire long term tenants that wont completely destroy your property, that's probably more valuable than making an extra 100-200 on tenants who do.

Replaced 18 full sheets of sheetrock after squatters destroyed much of what existed.

Unfortunately, this keeps dragging on and they continue to harass this tenant and destroy the property.

In this scenario, if you DON'T get an earthquake policy, you get a bit extra in cashflow, but if the house is destroyed by an earthquake, you owe 400k on a pile of rubble...for some smaller investors, I'm guessing that could be enough to bankrupt them (particularly if that scenario happened across numerous properties...if, for instance, you ended up owing 1.5-2 million on 3-5 properties that were all turned to rubble, I'm guessing that would be game over for most smaller mom & pop investors who tend to have 3-5 properties). 

He threw my stuff to the curb and it rained a few nights, even all my electronics are damaged and destroyed.

Hey! Just found out about Bigger Pockets! I was hoping that I would be able to find some help here. 
My wife and I purchased a small duplex near Downtown Los Angeles. It is subject to an RSO. It was supposed to be de...