That alone is worth requiring it (although someone else brought up the entirely valid point to check your state/local law as it pertains to tenant rights or the language in the lease.)Of course, loss of use coverage hinges on a covered claim existing to begin with.  

Security deposit is a separate matter and does not pertain to my question.    

Here are the answers:   (Pertains mostly to Michigan Law) but generally the answers are common answers and also based on my Continuing Education Courses  as a Realtor in Michigan and as a Landlord myself of 13 years and hubby of 30 years.THE LANDLORD SCHOOL QUIZThe answers are in red but I see they are not showing up as red in this post. 1.Advertising your rentalsQUESTION:WHAT IS WRONG WITH THIS AD?

First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) unpaid rent, 2) unpaid late fee's, 3) repair and 4) utility charges.

Finally, you will want to ask for all contracts pertaining to the property. 

This information is available free of charge on the internet at the following sites:Sex Offenders: www.txdps.state.tx.usSan Antonio Area Crime Stats:http://www.neighborhoodscout.com/tx/san-antonio/crime/REASONS FOR DENIAL OF APPLICATIONSIf you failed to give proper notice when vacating a property.If previous landlord(s) would be unwilling to rent to you again for reasons pertaining to your behavior or that of any family member, guest (welcome or not), your pets, or any animal on the property during your tenancy.If you have had three or more late payments of rent within the last 12 months.If you have an unpaid collection filed against you by a Property Management Company.If an unlawful detainer action or eviction has occurred within the past five (5) years.If you have recently received 3-day notice to vacate.If you have had two (2) or more NSF checks within the last 12 monthsIf you have filed for bankruptcy or foreclosure within the past 24 months we may deny your application.Any bankruptcy must have been discharged at least one year previous to the date of your application.If you have allowed any person(s), not on the lease, to reside on the premises.If we are unable to verify your information, we must deny the application.No Businesses may be operated from the property.

This is the oddest questions I have asked on this forum, but has anyone put in a clause in their rental agreements pertaining to bed bugs?

The Fair Housing Law is not a state law but Federal Law that pertains to all states, so the answer is no you cannot do that! 

We all know no area of real estate is completely free; however, the area I am referencing is Tax sale overages.My questions pertains to the tax sale overage process:1.) to my experienced investors can you share your story/ journey in the tax sale overage arena?

As a property manager your power would be limited to what was in your contract and pertain to a specific property or portfolio of properties.