Would be useful as a landlord when the tenant moves in/out to reference for damage. 

For tax purposes, it's considered a reimbursement for property damage.

Here's how we screen:A bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

Ask the judge what criteria you have not fulfilled and if all is satisfied ask on record to have the eviction executed immediately and perhaps throw in a comment about failure to act providing damages.

Have you ever had a pet cause more damage than the fees you've collected?

For a flip, you'll want to get a builder's risk policy, which covers the property during renovations, including any damage from fire, vandalism, or weather while it's vacant.

As Hurricane Helena went by, both of the roofs got damaged.

Unless it's obvious tenant damage you must fix things in the home. 

The downside is if it gets damaged you have to replace the whole sheet.

. $20K in reserves isn't a lot if something goes horribly wrong and there are damages if you default and he takes the property back.