You can't tear sheetrock out of a home while in contract (typically), but you can sure as hell give that dog a chance to smell around and see if it detects anything. 

Borrower shall not commit waste or destroy, damage or substantially change the Property or allow the Property to deteriorate, reasonable wear and tear excepted.

And yes, you can charge the cleaning fees to the guests, but the wear and tear on your unit from short term guests is really high.

If I was the one who found the property, put in all the blood, sweat and tears, etc.  

It is easy to tear stuff up, and you will save a pretty penny if you do so.Go to the home depot, home emporium, lowes, lumber liquidators, everywhere and get your prices on paper.Labor is expensive, but if it sounds like a ridiculous number, it probably is. 

Those risks include higher tenant turnover, tenants can tear the property up which leads to higher maintenance and turnover costs, eviction costs, and more.  

If they commit to signing the Lease Agreement within a specified period (usually 30 days max), I convert this "Holding Deposit" to the Security Deposit (fully refundable, minus items above normal wear/tear).

Hi all,I have been a resident for 4 years and there is a lot of work as far as paint, carpet etc. that needs done to get ready for a new tenant It was pretty much trash when I moved in and mentioned so on the checklist but nothing is really covered in the normal wear and tear.

I too am beginning a marketing campaign to acquire a tear-down, and erect a new structure, preferably a multi-family new build; here in Los Angeles. 

I would tear up all the vinyl flooring before people come look at it.