Even if it doesn't have it though they can make trying to get in with an inspector impossible, never bother sending their title over or a host of other things that you can chase down and end up losing in the end (Your loan requires some chipped paint to be painted and they say no and if you step on their land you are nailed with trespass).

My mentor just told me he heard of a case, where the judge NAILED the landlord over not paying interest 0.78 to be precise, so security deposits IMO if nothing big is damaged and there's no proof, are worth more hassle than needed as far as giving them itemized lists.. if it's a legit problem and  you have proof, I'm all for it...    

But I don't want to be held liable if someone steps on a nail or falls and breaks a leg.   

@Maurice EtienneYou nailed it!

If you can find those types of deals and preferably get in and out in 4 months and do that consistently, you have a very viable and profitable business that I would scale and nail while you can. 

I think you hit the nail on the head with "relative appreciation".

Paint and polish.

LVT scratch resistance is for long dog nails, a stone caught in the groove of your tennis shone and things COMMON not Deliberate.

@Tyler Hardy @Brandon Roof hit the nail right on the head.  

Talk to your tax professional and nail down the details with them as S corp isn't always the best option either.