Today, I got a call from the tenant stating that since they fixed the ceiling the bathtub drain has been slow moving and is now clogged because they never covered the drain, according to them.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

:-new metal roof that will last a lifetime-new gutters-new covered porch-new side deck entrance made of Trex material-new large capacity water heater -new Bluetooth thermostat.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

That you won't be able to get rent to cover the mortgage?

If it is a covered loss, the judgement would need to exceed the limits before anyone would want to go to the additional litigation to try to break through the trusts.  

@Feras Saffar-there is nothing you can put in a lease that can prevent everything bad from happening-if you screen for high quality tenants that can help-yes, you will experience turnovers that exceed the cost of the security deposit. 

Nothing really changed $0 vs $1 I bet listings still for most part offer co-op and if not lenders would cover it, etc.

Insurance and taxes seem to be going up and you want to cover those costs.#2. 

Condo HOAs can have personalities to manage but can keep the property in better condition and can cover some expenses.