What you need to do is determine how you want to policy to react when there is a claim.What do you want the policy to do when you have a $5000 claim? 

You can react once it happens, if you find out.I would probably rent to them based on their honesty (I have rented to several tenants that smoked) but I let these types of tenants know that I have used thousands of dollars worth of tenants damage deposit to remove the smoke odors that they created.

You can control how you react to it.

But one of my hobbies is reading books about body language and deception detection.  

Hey Charles,Please fill out your signature profile so that your website and contact info displays on each post.Contact info does not go in the body of the post but the signature.

In my opinion the real estate remain still a good investment/business because has the "SLOW" characteristic that means that do not react directly proportionally with the stock market and no matter is going to happen the people needs a roof...Anyway, about the Houston market, I was just reading from the Houston Business Journal that the top 10 jobs are based on medical and/or import/export industries, no one was in the oil & gas area.Another KPI is that Houston have still a shortage of houses respect to the request.However, if you driving around downtown/uptown you can see a lot of new buildings/condo/town etc... that are ready to open...In conclusion, I think there are a lot of opportunities in the Clutch city...

It turned out to be arson - revenge on a tenant (go figure) - but when the fire department was examining the integrity of building once the fire was extinguished, they found a body in the attic.  

I over reacted.

Re Michigan I'm in Sterling Heights Sun eve until Tuesday - if any body would like to get together for a chat and a beer Sunday night !

The old body is telling me that it's time to work smarter, not harder.