Pet damage is one of the fastest ways a rental can lose value. And when it happens, security deposits often don’t cover the cost. If you allow pets, the lease needs to go beyond just “small” or “well-trained.” Spell out exactly what’s allowed — weight limits, number of pets, and even breed restrictions if your insurance requires it. Always take detailed move-in photos, including doors, baseboards, and flooring. That way, you have clear proof if damage happens later. Consider adding a separate pet deposit or monthly pet rent. It’s not just abou For high-risk properties, you can require tenants to carry renter’s insurance that includes pet damage coverage. Some policies exclude it, so make sure the lease states it’s required. Pets can be great for tenants’ quality of life. But without the right safeguards, they can also be very expensive for landlords. #House #landlord #RentalTips