Not only would it give them peace of mind and a good feeling about renewing future leases with you, it's cheaper than helping them replace tools and may be a write-off come tax time.

If nothing else, it will give you peace of mind!

My Dad, may he rest in peace, used to keep a substantial sum of money in his checking account.I said, "Dad, why don't you put some of that into a savings account and get interest payments?"

I will suggest you invest in a market that will yield the highest ROI on your money and give you peace of mind at the same time.Goodluck.

@Peace Lily I am not from that area but have had the same problems before.

You'll be able to avoid a lot of these costs as you get more familiar with how to assess condition and estimate renovation costs.An appraisal is going to cost you, but it's typically worth the peace of mind to have a firm value on the property you are buying.

Also, I am completely fine giving up a little bit of money one year to have peace of mind that the places stay occupied during the next six month stretch. 

Peace.

That may give family and friends peace of mind when working on your first syndication.  

Well, I've been living in this house for quite a year now, and the Landlord is always being disrespectful with us and always taking too much to fix things in this 10 years old house that is falling in peaces , last week our a.c broke, it wasn't getting cold, so we asked him and only 4 days later someone came to "help", and the a.c. was working again for 2 days, and then it got it broke (the air made an explosion sound and there was smoke coming out of my son's bedroom air ventilation) so we turned the a.c. off and open the windows so the burning smell would go away and then we called the Landlord and told him about what happened and that we need it him to call  someone to fix it or something, anything.