I usually tell my investor clients that if the building itself will be in a flood zone (not just parts of the lot), it's not worth the investment unless it's a steal and you're able to pay off any mortgage easily if flood rates rise ridiculously (and you can afford to pay for any flood damage, yourself). 

Not understanding the amount of damage to a property an occupant can cause when his interest is being foreclosed on. 

If not I'd get some.How did you get in to find out of the damage?

If the tenants do, charge them to repair the damage and repaint the wall. 

Try to use fixtures that are out of the way and less likely to be damaged. 

Your post is confusing because an HOA cannot make a modification to a common element and then charge 1 owner for that *UNLESS* that owner or their tenants damaged the property to begin with.

If contractor is saying this was slow long term extensive damage then it may not be covered by insurance.

Fast forward to April 2024: The buyer ended up finding mold damage in the basement.

Mark Kohler is very good for instance.Did you ask the attendant at the dress store to show you every dress they ever sold before you bought one?

Replacing water heater is cheap but if you owned condo in upper stair and water heater is leaking, your damage cost can be substantial because it may flood all the way down the unit on the first floor.