AC units go out, hail storms cause roofs to be repaired, etc. 

Here are some quick examples:Roof - 20-25 years tops (minus hail storms or weather damage, get insurance that covers it).

Monthly mortgage which includes taxes, insurance and wind/hail policy which is required on a loan in a coastal county is $943/mo.

If a home had damage from wind, hail, etc they would be covered by their normal policy, but not due to flooding.

Thanks for your replies.This is in Austin,TX region where I am told putting 2% as Earnest money (400K * 2% = $8K) is quite common to show the buyer is serious... and also Inspection-waiver clause is something that I have known few friends have done to win an offer.With the several hail storms over the years in that region, @Theresa Harris, @Jaron Walling There are no current leaks, but 3 separate roof contractors have suggested to replace the roof immediately (all of them could be biased)...

We also were able to put a new roof on the house on our insurance's dime due a hail storm that came into the area.

(a) If a condition results from an insured casualty loss, such as fire, smoke, hail, explosion, or a similar cause, the period for repair does not begin until the landlord receives the insurance proceeds.

It all gets hailed on annually.2.

Have a property in Moore that got pretty severe hail damage, and need a few estimates from reliable contractors.Thanks in advance.

My area gets a lot of hail and snow so replacing with vinyl will be the best long term option for me.