For example, what if a tenant leaves with significant damage and it takes you $20k and a few months to make the unit rent ready again.

Our counsel previously advised we are legally entitled to a greater amount including all lost rent until the home was re-signed, cost of lock-out, cost to clean up house, physical damage, ect.For context, this is a solid house in a decent neighborhood and we never had prior issues with the tenant. 

Here's some other copy & paste advice you might find useful:---------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

After that, all rental losses are blocked and pushed into future years.

Most people taking in foster children are good, honest people that will take responsibility for any damage done.

Our goal is to help tackle this crisis by rehabilitating one unit/block at a time.

Storm damage would commonly be covered by your homeowners insurance.10.

The waiver is only good for damages not lack of notice or not showing up.

Here are some options:Demand Payment in Full for Damages: Ask your property manager to send a formal demand for the $5K in damages.