Understand Replacement cost versus original building costs. 

It turns out the machine was allowing free washes, and with a replacement part should be back up and running. 

Also is there a plan to replace the HML after a particular point?

Sometimes it makes sense to pay the gains if there are not adequate replacements.

., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

The roof, AC, plumbing, electrical and flooring will eventually need replacements.

The management company replaced some of them, however there are still several other fees related to the theft that we are trying to get reimbursed for (they told us we would not be charged, they charged us anyways).

- The property is probably NOT as profitable as you think it is.More reality for you - how are you going to cashflow enough from leveraged rentals to replace your current income?

Then interview them.Now, let's look at your issues:1) How did replacing a toilet result in a burst pipe and flood?

You don't need to use pure white - actually you can use any color, though lighter is easier - but you do need to use a paint brand and color that's not going to change.