Fence Replacement and Painting

[Nick Miller]

Hi BP. I have a 3/2 rental in Mobile, AL rented for $855/month and am looking for options for getting the fence repaired or possibly replaced after storm damage. 

Existing fence is white picket at the front, and 4’ privacy at the bsck which is also painted white but the paint is peeling. The entire perimeter of the property is 280 yards, and one section of the privacy fence  is damaged. 

The estimate I have from my property manager is $1350 for repairs, and $3800 for scraping the old paint off the damaged sections and repainting. 

Replacement estimate I’ve received is $9600, unpainted.

I am $80,000 into this property including a new HVAC and $15k in rent ready repairs. 

Spending $5150 on the fence seems excessive. My plan at the moment is to get the repairs done only, then look for other options for painting. Also considering having the privacy fence scraped and not repainting. 

How much would you spend on repairing a fence on an $80k property rented for $855?  What’s the most you’d want to pay to replace a fence if it came to that?