Hello BP,New member hailing from Rockford Illinois. 

Does AR get a lot of rough weather like OKC and Texas such as hail storms?

I’ve also recently used portfolio money for an acquisition that was hit by hail right before closing...lender would not touch with that new damage, but I was still trying to close on time.

Here is my situation: hail damage and upcoming claim for 20k of repairs on a rental home.

Having a similar year to yours: suicide/OD last week, ugly eviction earlier this year, 5 other turnovers of longterm tenants (which as you know means addressing lots of deferred maintenance issues/full-blown rehab during make-ready) and several unexpected cap ex issues ($30k roof that hemorrhaged several leaks into the building after a hail storm, sewer line that blew up under a newly remodeled kitchen, furnace that crapped the bed on the coldest night of the year, etc.).

(exception hail storms; but hopefully you have insurance for that)

We had a good size hail storm in last year in our area last year so I'm seeing some steep increases as each one comes up for renewal.  

Figure out a way to cover the window so rain sleet hail and gloom of night doesn’t get in ..Next step find out who the idiot is that screwed it up ! 

@Filmon Haile, they type of loan you're asking about will likely be non-conforming or commercial, which means you'll pay more expensive terms (higher interest rate, shorter term, etc), which drives your payments up - sometimes significantly. 

Following a hail storm my roofing contractor performed inspections on three properties directly adjacent to each other (call them #1, 2, and 3) and found hail damage.