Studies have shown that the longer a poorly paying or non payment tenant stays in a property, the greater the chance they do purposeful significant damage to the property.  

Often, units that are sitting on grade will see deterioration of the cooling fins, due to animal urine or other contaminants, and physical damage, both of which affect performance.

But for a stabilized Class B multifamily in this market, for example, my bare minimum would be 10%, "depending" on how much brain damage the building caused me (even though I use a management company) and what the appreciation potential is (which I never assume more than the rate of inflation, tops) etc.  12%+ is what I'm after.  

Approval for extra pets, yes: I have multiple statements about "and damages by guests, XYZ caused by guests, performed by guests, etc."  

Empower and Trust Team Members Delegate Effectively: Instead of micromanaging, strong leaders delegate tasks and responsibilities based on team members’ strengths, allowing individuals to take ownership.

If the tenant causes damage to the property, does builders risk provide adequate coverage?

What if Tow Truck Tommy bangs up one of the other residents' cars while towing it out of the lot or towing it back to the lot, or damages the towed vehicle????

There were moments when I had to decide whether to go for higher-end finishes or stick to more cost-effective options.

(b) these persons that would have been non-productive are now productive (c) people are getting trained and learning employable skills (d) companies are highly incentivized for GROWTH (e) you've effected stimulus in net housing production but with NO added tax revenue draws because it's via an offsetting factor AND arguably a potential net GAIN via expansion of industry leading to mor employment and more income tax revenues. 

How can we effectively vet contractors?