There are definitely things you need to keep in mind like that most of the tenants do not have income coming in to pay for tenant caused damages.

Too much to explain here, but park owned homes due to turn over, damage, stolen appliances, wrecked ACs etc you bairly make a nickle on the home rent.  

If the squatter incurred any additional damages I would claim those with the other broker. 

If we had made the same mistakes on a larger property, it could have been financially damaging.

Now obviously, that is beneficial to sponsor, and less risky now for the investor being that their capital was returned back so I see how that is fine and not too horrendous, but seems to me that could damage investor returns or maybe that sponsor may lose out to a competing sponsor that doesnt restructure the termsJust curious and would love to get opinions and a conversation started, what are your thoughts and have you or anyone you know done that?

For example, "Tenant agrees to pay for the entire cost of repair of damage caused by the Tenant's willful damage or negligence."

Fast forward to having only emailed a few times in the last 2 months, both went unanswered, had a warning from my mortgage company that the hurricane may have damage it so I asked for  a virtual walk through....silence...

My SFH full time vacation rental property was significantly damaged by Hurricane Ian. 

A home that I was managing was within the crime scene, and although we suffered only smoke damage to the property, we had to move the tenants that were rousted out at gunpoint by local LEO's searching for the bad actor. https://www.staradvertiser.com...

Four kids don't know how to maintain a home and it's more likely to result in damages, drama, early termination, or other problems.My policy is that applicants need to make a combined income of 3x the rent.