., property management companies aren’t legally required to carry general liability insurance, but it’s highly recommended for protection against bodily injury or property damage claims.

Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear. 

Central A/C is damaged beyond repair and needed to be replaced, which can't be done economically or with coopperation of the HOA and other neiighboring owners.

Seller financed (probably) won't be reported to the credit bureaus and so won't impact your credit score at all.

What is the level of damage?

Even with those small pieces of glass, the cleaners need to take care to get any dust or lint left behind after wiping them down.I use various size dining placemats as covers for the glass which keeps them looking good and from damage.

  $7k damage. 

We were not able to recover any yard damages due to other damages they had left that needed repair, which empted out their security deposit.

Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.

The lawsuit asserts causes of action including breach of contract, unjust enrichment, conversion, fraud, and civil conspiracy, with the plaintiffs seeking $56 million in damages and injunctive relief.