But we are isolated town and trusted completely.

Sometimes ideas in isolation = crazy.

I would be ok if their credit woes were isolated to their failed investment properties, but what gave me reason for concern were the judgments (also in 2012) and the cable / utility bills that were sent to collections.

The point made is the amount is roughly 4-5% of our median rent.If you set your late fee as a % you will have difficulty persuading a court that it costs double for you to be made whole on late rent of Unit A than it would Unit B because Unit A's rent is twice as much.If Unit A and Unit B are managed via isolated bank accounts, then despite the service charges associated with a dishonoured payment, it is conceivable there will be additional fees and interest associated with overdraft.  

If by some strange chance,this is an isolated incident trust your first mind. 

Removing a tub is going to automatically rule out your property to a certain number of people, why would you want to isolate your property like that?

All that unit's traffic is isolated from the others and easily identifiable.  

I think you have to look at is as whole not in isolation.  

Although the situation appears to be an isolated case, I think many people tend to neglect the safety of our landlords and property managers. 

The fee could be reduced by ½ ($200) and applicable only once for animals isolated to cages/bowls, etc).