The backstory: I live in a subdivision of SFHs. I recently ran some comps on the neighborhood to determine what I might get for my home if I tried to sell it. I was surprised to find that approximately 40% of the homes near me are rentals.
Recently, a damaging storm came through the neighborhood causing tree/hail damage. I had noticeable damage and an adjuster just confirmed it.
My question: The damage caused to my home is being covered by my insurance (minus deductible). Many of the homes around me are also damaged but because they are rentals, the tenants don't care ... and the landlords don't know (most are OOS). How do landlords handle this situation if your property is damaged yet the tenants do not care enough to notify you ... especially if you are OOS.
Thanks ...
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source https://www.reddit.com/r/RealEstate/comments/1tliari/property_damage_question_for_landlords_of_sfhs/
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