that's about right and you could do more esthetic damage than good with a logging operation..  

We're replacing damaged parquet flooring in kitchen and damaged carpet.

After the walk through with an inspector we discovered that both boilers and multiple radiators were blown out from freeze damage, also some structural damage.

@Jeff Kehl1/19622/Furnace/water heater 3/Cleveland Hts4/Our existing PM 5/Sorry,we are using a private lender.My bad.6/Most interior repair is minor stuff like repairing rodent damage,small mold and paint/flooring in select units.

Fire, mold, damage. 

@Sean Monahan You can still inspect your properties as normal - you'll just give your standard notice and communicate that to Airbnb guests.Loftium requires long-term tenants to hold renters insurance, and Airbnb provides $1M of damage protection and a separate $1M primary liability insurance for every booking.Most repairs don't get in the way of Airbnb hosting - i.e. if the stove is out, that can be communicated to guests - and as long as repairs are made on a timely basis, there's no penalty.We sign a standard 1-year lease for the first year, and can sign a longer lease after that if both sides are happy with the process.Feel free to check out my profile and the Loftium company profile on BiggerPockets for our website with more info. 

They are biased WILDLY in favor of the tenant, and if you screw up, they can sue and be awarded triple damages.

Many investors who don't specialize in fire damage tend to stay away because it is more than just cosmetic and smoke damage can penetrate more than expected. 

I had an inspection contingency in there so that if anything was missing/damaged/undisclosed I had the ability to make it right, and if not I was in the clear.

This past weekend, two of my tenants got their cars damaged (minor scratch on one, and good scratch on the other).