Nice thing is that there are two other sheds in the backyard with no reported termite damage.

We ask for the maximum deposit that our state allows (2 months) because we find that it gives us a cushion if we have to evict for non-payment of rent, or they leave the unit damaged. 

The former damage was caught early and didnt damage flooring or drywall.

If there's a high risk of damage, like environmental damage requiring an expensive cleanup, then you may want to increase the deposit to cover that amount, as well.

Remember deposits are to cover damage and for larger items you need to prorate them so budget accordingly.  

I came back to find my hardwood floors had been damaged.

The lease is the same as what we used for longer term tenants with the exception of the time frame and adding an addendum with all furnishings listed and stating that the tenant is liable for any damages beyond normal wear and tear.

My computer tech had a tree limb fall down on his roof and do some damage.

However, they're even more potentially damaging to the middle class heartland.

Even had to spend nearly 10K in repairs once after a tenant moved out due to the house sitting empty and the galvanized pipes freezing and breaking as well as the damage the tenant caused.