THIS LAST ONE LOOKS LIKE A THIEF.

Any other possitive factors  - stable tenant base  - alarm systems  - regular checks on the property  - no pets  - Lead safe certification  - newer roof, plumbing, electric, etc..Anything to balance off the lossesBe prepared that it may end up in a non-standard (surplus lines) market for a couple of years.If you did not have flood coverage before, see if they will continue the current policy if you get Flood coverage and increase the property coverage deductible. 

If an incident occurred not caused by the tenant and the property is as practical matter totally unusable for residential purposes, the tenant may terminate the lease by giving notice to the landlord before repairs are completed.Failure to install, inspect or repair smoke alarmTexas law requires the landlord to install, inspect and repair smoke alarms prior to or at the beginning of the tenant’s lease.

@Deanna BeadlePut an alarm system in.

It can alarm you to any potential leaks. 

Inspector required me to place full house fire alarm even though I was not doing anything related to it.  

You said it was an older home, so remember Virginia has required disclosures like lead paint, and there's a new required tenant rights and responsibilities form that has to be done, some localities require annual smoke alarm tests or rental inspections. 

Based on the most recent data, it seems like inflation is not as high or pervasive as previously feared. Although inflation is still present, its effects are more muted than expected, affecting different areas of the ...

You may have to pass a city inspection - one of ours is every 4 years unless fails, then it’s every year; some require lead-free certificate or testing between tenants; one of ours now requires a smoke alarm report and a new certificate that tenant must sign saying they know their rights, eviction won’t happen if ypu don’t have that for court.

If this election is made, the term “section 179 property” will include any qualified real property that is:Qualified improvement property as described in section 168(e)(6) of the Internal Revenue Code, andAny of the following improvements to nonresidential real property placed in service after the date the nonresidential real property was first placed in service.Roofs.Heating, ventilation, and air-conditioning property.Fire protection and alarm systems.Security systems.https://www.irs.gov/publicatio...