People don't get multi-million dollar awards because of no-fault accidents.So, limit your liability by removing problems you could get sued for - make sure the electrical is to code, and there are fire extinguishers, provide outside lighting if it's a bad neighborhood, take care of pest control, make sure the roof won't collapse, that stairs are in good order, that there are no swimming pools kids can get into.I just can't think of any "terrible injury" that could have been caused by you, if you just take care of the property.And, of course, get a reasonable amount of insurance to cover you for any accidents that may happen, that a tenant may file a claim against you for.But, to put things into perspective - I managed 25 units for 8 years as a resident manager.  

Don't be shy about asking for payment stubs, income tax records, 12 months of bank statements or award letters showing benefits if they receive social security, SSI or educational grants. 

Yes, I don't like the fact that this year I've had a meth lab, a machete fight, a room covered in feces and enough bed bugs to win some sort of award.

First place has now been awarded to the three room mates who despite the listing showing clear DQ's, and several emails where I reminded the lady who contacted me about the DQ's, show up anyway and tell me that the one room mate (I had no idea there were going to be room mates, like I said, she never mentioned it even after I brought it up in the emails as a DQ..) has his own house.

(You likely won't be able to get an award for "missed rent" though if you're referring to the rent that the tenant didn't pay to the seller since you weren't a party to that agreement at the time the rent wasn't paid.)If you plan to wholesale the property to a cash buyer, the tenant will likely become the end buyer's problem and they'll have to deal with it since they'll be the actual new owner. 

Make sure to ask for a copy of their award letter showing the amount (Recipient should get an updated one every year if income changes) and ask for 10-12 months of bank statements showing these amounts deposited into their account.

Julianne Moore just won the academy award for playing a lady who had dementia in her early 40's.

(Here in Utah, judges rarely award the remaining balance on the lease--only the rents for a typical vacancy period.)  

Punitive damages are very rarely awarded. 

The court just awards an actual cost as you are out $10 the award is $10.The HOA and COA's aren't regulated with the Move In/Out Fee and don't charge an actual cost amount.