---Are you talking about insurance?

If a dishwasher is 15 years old and the tenant destroys it, you can't really charge them much because the appliance is beyond the life expectancy.To learn how to determine charges for cleaning and repairs, you can read my book in my signature, Brandon Turner's Managing Rental Properties, or NOLO's Every Landlord's Legal Guide.

Options - collect full payment for the 3 months up front and lower the deposit to secure against damages only, require insurance.

I just do all my bookings over airbnb, its too risky to go direct as the guests aren't covered by airbnb insurance.

My assumptions are:1) Cap-ex, maintenance, vacancy, and PM costs are around 33% of rent. 2) My desired cash-on-cash return is 12%.3) My taxes and insurance, for argument's sake, are a combined $550. 

Also, the insurance was a lot less on a brand new home compared to an older one. 

I just can’t imagine how everyday people spend this much money on pipe.I don’t think insurance covers any of the foundation repair, also wonder if insurance will cover any of the sewer line repair work?

The damage waiver is almost like a little insurance policy for damages that exceed the deposit.

This year, I’m committed to creating balance in my life, letting faith guide my decisions both personally and professionally.In my real estate journey, I combine my tech background with a passion for community-centered development.

I am a mother of 2 and trying to get into this to save up college funds for them when they grow up so that they too can chase their dreams in life.