Compliance is rigorous and the penalties can be ruinous because it was heavily abused in the late 1990s through early 2000s. 

They've been up front about it from the start (it's not something you discovered), it really was something done that was probably when drunk, and we've all done something stupid (although maybe not felonious stupid).If this was anything to do with violence, abuse, robbery, drugs, I'd be first to kick them to the kerb.But stealing golf course flags?

How can anyone break a handle on a microwave by some kind of abuse? 

Almost every investor of any size uses the leverage of OPM.I understand Mr Ramsey is going after the 80% that abuse/misuse credit and dig a hole.  

If it makes you feel any better, good wood flooring can last for many years even with tenant abuse.

Not that they usually are also ripping off the tenants, but the industry is ripe for abuse. 

The reasoning behind that, is that it discouraged people from writing vague terms in contracts that they can then profit by.I fired a PM one time for doing something similar, only worse - taking money without communication, abusing terms in the contract. 

The sky is the limit on an abused unit.   5% vacancy implies a turnover every 20 months

You don’t have any obligation to rent to them, serial physical abusers aren’t a protected class.

The cupboards don't look abused, they just look like they were used in a normal way, and they're just cheap cupboards to me.Worst case scenario, you charge them whatever you want and wait to see if they balk.