Its literally just insurance against bad things happen IF they do. and as people have mentioned...with a 50% divorce rate, you bet I'm not risking things I've spent years and years of my life building just to have it stolen from me.

The ARV on these properties are around $350k; and please be reminded that these properties have stolen pipes, hot water heaters, boiler system, and etc; ultimately, they need a lot of work.

The ARV on these properties are around $350k; and please be reminded that these properties have stolen pipes, hot water heaters, boiler system, and etc; ultimately, they need a lot of work.

Should any items be destroyed by fire, stolen, or damaged in any way the Landlord nor the Landlord's insurance company will be liable.

And if added as additional insured, you share coverage limits, and you share claims histories if a claim is ever made.Renters insurance generally covers tenants if their personal property (say a bike or laptop) is lost, stolen or damaged.

Sounds like this guy never intended to rent to you and has stolen your money.

But if you don't want your car windows smashed in or **** stolen off of your porch, go to the west end of Lakewood. 

What is our liability if their stuff gets stolen, damaged, or someone gets hurt while moving the stuff?

I spoke with the tenant right when they moved in and they said the PM knows the carpets were stolen and will replace them which was news to me.I fired them today and I am just wondering what other people would do in my situation.

Anything over $500 scammed or stolen is considered a FELONY in any state.