If they have more than $2,000 worth of judgements, especially a lot of judgements, they aren't good with money and things will not work out.

If a tenant sued you, they could expect to collect on any judgement.

Somewhere, across the street, it isn't raining.  

This is a GL claim on the landlords property policy.If the PM fails to take action or makes a mistake in judgement while managing a property, this is an Errors and Ommisions claim on the PM's E&O policy.These examples go on and on, but I think they summarize what we have covered in the post.

Looks like water pooled up because of recent rains and leaked in.

I'll definitely look at a credit REPORT to look at things like how many missed payments they have, judgements and/or collections against them, etc. 

I have already come up with1300.00 of needed repairs and negligence of property that I can prove but technically the rent would have been 150.00 monthly higher and I would like to include that in a judgement. 

If the city or HOA gets pissy with the whole thing, it could rain down on us as the big and easy target.  

Flat paint looks fine at first, but after it rains a few times, it will look like a dirty chalk board.

The weather report showed that there would be more rain in the next coming days so me and my G/C decided we would see how bad the issue actually was at that point.