I had hired a contractor in the Fall of 2021 to do some proactive repair work, but his "fix" apparently left the roof vulnerable to the elements.

I just got done with a 2 month, $55,000 rehab on a SH property then the Code inspector went in and pointed out the most pointless stuff that I have ever seen. 3 pages worth of repairs is what I received in the mail.

While you're talking with bank find out if your next purchase would be based on your DTI ratio or if it would be based on the debt service coverage ratio of the prospective property.  

Pray no vacancies or repairs. 2.

What is the cost of an average repair bill after move-out?

If a major repair is needed in the community and they can't fund it, they can call on the owners to pay for it. 

I want to get them at a price where the projected rent will cover all my expenses (mortgage, insurance, repairs, CAPEX, vacancy) plus extra.

Some buy and hold investors may have outdated beat up buildings that can't be sold conventionally without repair and your flipping operation with the right agent may just happen upon that deal for working with that person.

HMLs are a crucial short-term solution for properties needing significant repairs, and for investors not wanting all the red tape that comes with traditional products.

That means no repairs or cleaning needed.