Your tenants don't get to steal or ruin your things. 

But, your applicant's reason is that they chose to ruin their credit and let their property go into foreclosure, rather than keep their credit intact, and sue the partner.  

But please slow down,  being upside down on a 10,000 car is a real downer, being unprepared and unable to support a rental home of 75-100k can ruin your next 10 years or longer.    

They left me a nice water bill, stiffed me on rent (I was a nice guy -- one of them had some cancer issues -- that was the story).  

Our king size foam mattress soaked up all that water and got ruined.

The owner was a smoker and the inside of the property was ruined.

Here's a group of very powerful and intelligent young people who plan to take action regarding the ruin our economy.

Generational thing  Probably, the damn Tiktoc is ruining everything!

In 99% of these situations my agency has seen - the landlords property policy pays for un-intentional damage the renter may have caused such as over flowed toilets, FIRES, etc.Renters can and do cause excessive wear and tear such as ruined carpets, holes in the drywall, broken doors, etc but unless the damage crosses a line into vandalism (requires a police report) the landlords policy isn't paying for renter caused excessive wear and tear type damages nor do you want to make those types of claims on your policy. 

They attract you with lower rates just to switch up and ruin your deals.