Living in a rental accommodation is not the easiest of things in life. Rental agreements, flat mates, landlords, leasing agencies and all the rest can really make life difficult for tenants but many hassles and unforeseen issues can be avoided or resolved by the preparation and inclusion of a thorough and properly prepared inventory report. Inventory reports are prepared at the beginning of the rental contract or lease, throughout it, and at the end of the lease or rental agreement.