You can create a formula for splitting that cost among the tenants.

The tenants were more interested in that than turning on the already-installed alarm system because there was no monthly cost.

For a single property, a strong umbrella insurance policy may offer sufficient protection at a lower cost.

In fact, I would want to go even lower because there's a very good chance some damage is hidden and costs will run higher than anticipated.If you aren't experienced, I recommend you just buy the good apple. 

@Matthew McleanBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Why would you do anything that effectively pays you less than that?

You are correct in your assumption that it will impact how low they can go on the down payment, though, b/c commissions will need to be paid out of closing costs. 

Time and practice will still teach you as you do deals but it will help you understand what things costs for the size of the property 

Cost of construction is expensive and about to get worse.

Again I cannot collect rent to justify this cost/effort.