you get mortgage paydown every month; you might be able to reduce your taxable income from your W2 with passive losses (consult your CPA); hopefully you get appreciation; maybe you get a little cash flow; etc. 

Similar to how banks were buying 2% coupons and 3% MBS's over par during ZIRP which has led them to be Billions in the hole in unrealized losses.   

Basically you can fix it now and spend the $10k or as mentioned spend the $ to jet it and then realize it will cost 50% more down the road because of rental loss. 

In my opinion the downside risk eclipses the upside so I would save for a year or two and mitigate the potential for those losses.

Just one of many:  https://risk.lexisnexis.com/financial-services), it does NOT matter if in a LLC (again, tax returns show  LLC income/loss because who owns the LLC, you do, and see above services lenders use to find this info).BUT, who cares? 

I like tenants to have 1-2yr work history with 3X income...At least you can recoup loss....

(Increased rates and loss of discounts on all policies, not just this one.)You’d be better off raising all your deductibles and using the savings to pay for your floor repair.

An umbrella is much better than an LLC *** it protects you and your properties if cause the loss.

I sold 2 of the 4 properties at a significant loss.

The problem with FHA on your next one is the departing residence, it will likely require you to take a full PITIA loss monthly, thus affecting your DTI.