Coverage Gaps and Exclusions:Homeowners policies often exclude claims related to tenant-caused damage and other risks unique to rentals.

They now believe the tenant may have been targeting the wrong mailbox, which could have caused the confusion.

Quote from @Jemini Leckie: You can take it out as wear and tear for the property since it was still on the property and the tenants caused the damage. 

This usually means there are special rules about the housing stock and/or requirements that cause the costs to be higher than normal.How are you planning to finance this?

And then there's reasons not to....Reduced upfront costs: Providing appliances requires a significant initial investment.Lower maintenance and repair responsibilities: If the tenant owns their own appliances, the landlord is not responsible for repairs or replacements when they break down.Less risk of property damage: Washing machines can sometimes leak or malfunction, causing water damage.

@Matt Smith generally speaking it’s a combination of rising interest rates which have caused cap rates to increase (thus wiping out equity), debt is resetting at higher rates, rising opex costs due to inflation and stagnant or softening of rents due to an increase of supply.

"I did some quick search and noticed this thing can be tricky to navigate and will probably cause issues in developing and reselling.

I would go so far to say in that less than 10% time when your property causes the lawsuit, you’re going to get sued personally as well.

Outstanding balances can delay registration and cause fines.✅ 4.

Hey ViVi, as long as you adhere to the lease agreement and make sure that the language in there describes any wear and tear that was likely caused by the tenant living there then you should be more than able to deduct this from their security deposit.