Tenants caused damage to the hardwood floors in the property. I talked to several hardwood floor specialist and each one said the floors needed to be completely re-sanded or replaced because of the exotic wood/coating of the floors. The damage (gouges, scratches and dents all over) cannot be fixed individually. To re-sand or replace would be very expensive. Re-sanding and replacing do not seem realistic as the tenant would not be able to pay such costs even if I sued her for it. The security deposit would not cover the cost of re-sanding or replacement. How do I get compensated for the damage from the security deposit if I cannot financially pay for the repairs and the tenant will not be able to pay for the repairs beyond the amount of her security deposit?
Thank you!