That way if they neglect the cat the tenants may get fined / punished.

Just as it's okay to punish bad behavior. 

There are no secrets or surprises, they are not attempting to punish or extract money from you.

That's quite punishing in this economy.

What I choose to do with the money is my business, and whether I buy prostitutes and cocaine with it, spend it betting on cockfights, or donate it all to Save the Whales or Save the Children or Save the Cute Stray Animals, none of THAT is going to make me a better and finer human being, either.I'm still a sinner, no better than the next guy, no more developed, no more refined, no more worthy of grace, no less deserving of the pit, and talk like yours worries me.Because it's only a hop, skip, and a jump away from the psychology of personal growth to understanding myself as a more deserving person than my tenants because I worked and saved and bled to own the roof over their heads, and they didn't, so God has rewarded me on Earth with riches to show His favor and punished my tenants with a lack of money to show His rejection.

The safe harbor found in Rev proc 2000-37 lays out the framework that the IRS has learned to love prefer and punish if you don't do it that way. 

ONe of my clients I sold a few apartments to he pays 4%  to management plus the onsite manager gets paid by him as en employee to the property that way she can do tenant placement.In the mid west were most of the rentals of SFR's are located or at least talked about on BP here... you could not survive in the PM business without placement fee and 10%.People move pretty frequently in other parts of the country compared to here were we live.You can incentivize your PM all you want but when you tenants lease is up and they want to move you can't punish the PM for that..Also many PM operations in the mid west half to pay realtors or leasing agents ...

In other words, you're not being punished for giving $14,000 in charity.

Sounds like you are a glutton for punishment

It was a good appreciator and went on from there to increase 4 times from that point.The question is, if a property is good at appreciating do you punish it by dumping it and buying something that cash flows but no longer appreciates?