If either party does not honor the deal, they must come to some sort of agreement before ending the contract, otherwise their deposits are destroyed.

They offer it for my personal home but not for my rentals.Tenants actions is something I have been looking for for several years since I got one of those tenants that destroyed as a revenge... it would give me huge piece of mind if I can find someone who would insure tenants actions, I would actually buy many more properties... any idea if/who offers these type  of policies?

Heck no I wouldn't put granite.. of goddess blue eyed wonderful smelling human you.. the renters would just destroy it.. refinish floors?

We expected some carpet damage and that a repaint would be needed but in reality the wood floors are destroyed, windows need replacing, all carpets need to be replaced, cabinets require replacing or refinishing, and the grounds need landscaping.Originally our plan was to fix this home and sell it.

They can make you a profit or destroy your place. 

@Mary Jay, middle of nowhere will destroy you.  

A high purchase price can destroy an entire deal if rents fall.

But i guess the cost to find new ones would be less if the pets destroy the house.

If you have done your homework and the property is sound, there should be nothing materially wrong such that a reasonable insurance policy would not cover.If you continue to do your homework and screen your tenants properly, you should have a low risk of them destroying the property that an insurance policy would not cover. 

Get HELOC, use for repairs, but then will have interest only adding on to the already high payment of $1050OrPut repairs on the credit cards, min payment could be similar to a HELOC, and then refinance after repairs into possibly a 30year loan, pay off the credit cards before the high utilization’s destroys my credit score, rent it out for possible cash flow of $3-500, wait the 6-12 month seasoning period and then get the HELOC?