The agreement is that your tenant will pay for any damages they caused.

Quote from @Alex Tang: One of my rentals was heavily damaged by a fire after Thanksgiving. 

I've been using second nature for a while but it's been terrible. have a lot of problems with getting damaged air filters

Hi Brian, I have Obie in my properties now, although I've never filed a claim with them so far, they are the better rates I can find, ask for their tenant liability coverage, I paid an extra 107 dollars a year and they cover up to 100k if a tenant severely damage your property. 

I would recommend having the property assessed for any damages—were the windows or doors damaged during the forced entry? 

We have allowed tenants to resolve past due debts or provide letters from previous apartment complexes confirming that damages or unpaid rent were not their responsibility.

He stated he turned off the breaker to the pump to avoid damage. 

Tenant waives any claims against the Landlord for loss, damage, or theft of personal property, regardless of the cause.

Your biggest challenge will be what to do when something goes wrong: nonpaying tenants, maintenance, mother nature damage, etc.Recommend you include these in any management agreement you sign, so you're not overcharged when you need these services.

Let me enumerate the reasons:1) my pm paid for the damages.