I had to replace 2 steps this spring due to some minor rot.

People tend to underestimate how many units it takes to replace earned income. 

I've been very lucky to not have to replace a roof or HVAC yet!!!

You have 45 days to find a replacement property and you can ID 3.

In which case the 1031 exchange would be your path because it opens up 100% of the equity in the property and the deferred tax to be used by you to purchase replacement properties of any type anywhere in the country! 

If I purchased the property outright with cash, stabilized it, then acquired my first loan (a DSCR loan), that wouldn't be refinancing right, as I wouldn't be replacing an existing loan?

I'm actually going to post a similar question about stain removal & replacement :-).Anyway, my cleaners do run a load of laundry during the turnover cleaning. 

The idea is to HELP offset your cost of living, not totally replace it.

What happens when the water service line has to be replaced?

During one of my rehabs they made me replace a brand new window I installed because it was 2 inches short from code.