Be prepared to sue for damages.

But if a disgruntled tenant ever vandalized the unit, or if your toilet flooded you could be responsible for 10s of thousands of dollars of damages.

Why not report their property to the city, stating it is damaging the value of your property?

Note, even if insurance pays for all the damage your property suffers, you still lose.

You generally only get to keep the deposit for actual damages.

I kept hitting a road block in trying to make a second investment property work along with our primary SF residence.

No damage occurred, and we got a ton of rain and this is the only time it has happened.

My finished basement was flooded from busted pipes when the heat went out at my house and I was out of town, and my carrier (Allstate) covered all of the damage but not the proximate cause of the damage (the busted pipes or the furnace).

Hi BP Community,We closed on a rental townhome (brand new construction) that immediately had a raw sewage leak that covered much of the first floor damaging tenant possessions on day one. 

Apparently I lucked out and three blocks away they're going to start a big development project that includes a ton of retail, office, and residential spaces.