If not, we can probably get coverage with water damage excluded. 

Tenants do stupid things and you don't want eat off during winter and burst pipes causing thousands of dollars in damages you have to try and chase tenants to pay.

These companies are a lot smarter than me, so it will be interesting to see if this investment is worth it or if it causes the economy to take a big hit.

The problems aren’t caused by the tenants.

IF you filed a claim, insurance would only cover 50% of the damage, so if it was $100k in damage you would get $50k from insurance since you are under-insured If you have no mortgage, you can do what you want, but once you have a mortgage you have to insure per the lenders requirements.

You can also offer to monitor the area, but cutting into asbestos drywall without cause would create a bigger health and safety risk than the original complaint.

Each one handles guest damage, liability, and income protection a bit differently, so it’s worth grabbing quotes from all three to compare.Not the most exciting task, but sometimes the switch ends up being an upgrade.

I've heard that causes some sellers to balk because they think they are getting played.  

Cosmetic updates are easy to do, but the bigger items like plumbing, electrical, roofing, and basement moisture problems can delay leases, cause turnover, and eat cash fast.

I buy  inexpensive cups, silverware etc that is easily damaged or can grow legs.Sheets and towels are good but not terribly expensive to replace.Haven't had much issues with damage.