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

Estimated monthly theft of $90k in stolen rents just in Indianapolis.

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.

They could also be using stolen checks to pay, so everything seems fine until a few weeks later when the account holder cancels the check. 

Doors left unlocked, squatters, appliances stolen, etc.I do believe for many people great PM can be a money maker and money saver. 

We had tenants that staged a break in and claimed the rent money was stolen.

hahaha ya.....amazing how many times we as landlord has to fight with criminals/squatters/drug dealers , these squatter is really nasty, they blew up my toilet and made one of the room really a freaking horror story, they stole everything that can be stolen.

We installed an alarm system in one of our Trenton rentals after the house was vacant and the pipes were stolen.

If you don't have a positive cashflow, then you may not have built the reserves to pay for these emergencies (e.g. roof leaks, AC stolen, furnace breaks down, tree falls onto tenants car, tenant trashes the place during eviction).