Did you know that one little word on your lease can cost you a fortune? If you say maintenance vs. damages, you end up collecting nothing form your tenant that just destroyed your property? I found that out the hard way! The judge said if it didn't specifically say: Tenant to pay for any and all damages, any maintenance issues, neglect, damgage to the property will go unaccounted for.

If you have rental property,  do yourself a favor and take all your paperwork to a specialized attorney to review it and make sure if you had to ever enforce any item on your lease, you will be able to do so in front of a court judge. And as a backup, check your insurance to make sure it too will be on your side if needed.