A neighbour rented their house and said they now have $5000 in damages. I'm unsure what damages there are . How can someone rent out their apartment or house and do everything in the topics below or more to avoid ending up with a $5000 damages bill? contracts? photos and signing a contract of state of the property originally and at the end? having a bond and using it for any damages having landlords insurance? choosing tenants carefully using a good property management agent / or can one achieve this doing it on our own or in other ways please. what its vital and what more can you tell me please. Thank you.