Might look good on paper but be prepared for evictions, stolen copper, stolen wire, stolen AC units, graffiti, smoking, illegal roomers and pets.

I have already warned them about violating the pet policy.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I have a no pets policy.

I could charge a per pet fee to add to my bottom line per month and collect a pet deposit upfront incase of damages. 

"90 gallon aquarium"$200 pet deposit*......

I've prepared income taxes, state sales taxes, business licenses, fictitious names, etc.When I was working one tax season for an EA in San Francisco years ago, one of my co-workers who was also a EA, told me about writing off pets as security in a home-based business I do believe that was a travel trailer to top things off.I'm talking about writing off dog food, etc.I assume security is a common write off for the right business set-up.

They are claiming I had caused the damage from pets.

, I tore out the stained carpets but now I need to decide what type of flooring to put in there considering that I'm getting decent rent AND 90% of the prospective renters have pets!

You should also receive any pet deposits if applicable as well.