There was lots of discussion in the department about whether the matter was in fact covered but my opinion ultimately prevailed. 

From my understanding, insurance won’t cover a dead tree falling as this is a result of “neglect” but would my current dwellings insurance cover it under personal liability?

It needs a full rehab, roof, garage, appliances, everything. 

This of course depends on your starting bank roll - but if its like mine (under 100k) - Im trying to put as little as possible into it on top of initial equity and fees.this will likely chew a big hole in your ROI  (now if you are looking to improve value with a cash out refi or a great prospect comes along that needs combo new plumbing, roof, windows, foundation repair, etc - well just make sure you know what youre getting into and/or have a good contractor and finger on the pulse of the market when estimating the ARV YOURSELF - couple missed items and you risk having a bad first investment and not doing it again).    7) dont be scared be ambitious ( i should heed my own advice sometimes) 8) define numbers goals within your target areas.  

Possibly as an incentive you cover anything over a certain amount to give peace of mind to the renters.

With fresh paint throughout inside and out, brand-new roof, dual HVAC systems, updated water heater, stainless steel appliances, lighting fixtures, outlets, countertops, and PEX plumbing just to name a few.

Just started the free trial of Rentalhero and it looks like it will be able to cover everything I need for my 2 small MF properties.

You need to know how to enter the deal and how to exit so you can cover your areas and protect yourself from losing money. 

I am just looking at numbers provided by Zillow.I agree that the cost for most items such as a Roof, HVAC, Piping will be similar between a cheap home and an expensive home.

The buyer’s agent commission is typically not a direct tax-deductible expense, whether you pay it yourself or the seller covers it.