Opinions about when to repair and when not to repair

[Michele Velazquez]

Hi everyone,

I am excited that I just bought my first 4 townhomes in Austell, Ga.  The inspection report came back with a lot of findings and I just wanted to pick your brains since you all are so experienced.  Do you have any rules on repairs? like when to fix and when to not fix?  It seems like the previous owner didn't fix a lot.  The Property Manager is recommending to at least fix safety issues.  Some of them are obvious needs (broken windows, moisture, etc).  But some I am not sure about such as fixing a wooden ladder that goes up into the attic.... (Thinking why not just use a regular ladder and the repair expense is over $400).  A leak outside of the house with a hose?  Do I fix the water pressure regulator gauge now ($350 in each unit) or wait and see if it causes leaking later?  I don't know but I know you all do so hit me with your best advice, pretty please!