However, the exterior is loaded with chipping paint on all of the window frames (39 of them) and all the trim on the house.

Very rough but I'll get my merch department on it like Cookie Monster is on a new batch of Chocolate Chip. 

Things like Bank of American building downtown, Goldman Sachs Building downtown, Wells Fargo World HDQ in Irving, Chip Factories in Sherman and 100 or 1000 other moves and projects. 

Its all variable.One strategy is the "barbell" strategy where, for example, you use a small portion of funds to do 12%, and leave the rest of your funds at 4%-6% (which now you can do with the "blue chip" stocks) so you capture the high income, but also have dividend growth stocks that both appreciate in value and dividend.

The goal should always to be playing with "house money" and stacking chips indefinitely.That is great that SF's projections are $6k/month on 10 homes.

Asking this after having searched Biggerpockets for an answer.Would you deduct for scrapes and chips on a new concrete driveway?

The difference between you and the average first-time poster here is that you're not in here beating your chest and insisting you can do no wrong because you're all that and a bag of chips.

Things like cracked outlet covers or chipped paint were my responsibility to fix.  

If you are comfortable with the risk, then the difficulty of buyers getting insurance is a negotiating chip. 

Its 4x4 little off white blocks with white grout that has not been kept well and is stained and chipped in areas.