If this was pre existing, you have little choice or say in the matter. 

Last few times it was painted they only painted over the 1st pre-existing paint.

You may find a rental property that already has pre-existing renters.

You'll also have to have a preexisting relationship with each investor.

Any pre-existing conditions or babies on the way? 

People with pre-existing conditions are a priority population, as are adults over age 65.

We decided to stick with the pre-existing policy from previous owner. 

@Hunter Adams In my town a pre-existing nonconforming lot can be built on as long as it meets the other requirements such as front and side setbacks.

If You Know the Remaining Loan TermUse this calculator if the term length of the remaining loan is known and there is information on the original loan – good for new loans or preexisting loans that have never been supplemented with any external payments.Original Loan AmountOriginal Loan TermyearsInterest RateRemaining TermyearsmonthsRepayment Options:Payback altogetherRepayment with extra payments per month per year one timeBiweekly repaymentNormal repaymentPayoff in 12 years and 7 monthsThe remaining balance is $190,000.00.

Even if you don't care if it's fixed, at least that is putting it on record that it is pre-existing damage.Heck, last summer I rented a condo for the weekend in FL.