Because it gives you one more avenue to collect if the tenant destroys the property."

Despite the 100 year long effort by leftists to destroy the United States, this is still the land of opportunity, so it is also the land where millionaires next door are numerous.

Destroyed!

If they do they need to get it on the market so the bank's late penalties and foreclosure costs won't completely destroy their equity.

Arrgh to being so "cutting edge" and winding up with a kid cracking his skull and facing a lawsuit (thanks Joel Owens); and secondly, discovering the expense of polishing concrete.Im looking at vinyl plank wood flooring, now.So rather than running off at the mouth-revamping my question.What you folks put into your rentals, that your tenants cannot destroy?

Most important in my mind is #11 where "Wood Destroying Pest Inspection and Allocation of Cost Addendum" has not been selected/provided.

I have seen kits that cover a big hole which I presume is for replacing the valve assembly without completely destroying the wall.

I'd rather have tenants who keep my property clean and pay their rent on time than tenants who destroy the place and don't pay rent.As a property owner, I don't need to know who exactly is staying in my rentals, since I don't require them to notify me when they have guests visiting and as to getting most cash flow, I know a guy who makes 3 times more doing Airbnb than if he leased out the place.  

My only worry would be multiple evictions/broken leases/destroyed homes which would eat up my cash flow to pay the notes down.

What happens if property is destroyed while your money is invested in the lien.