This could be caused by a few things, but the common reasons I've seen are that the property either has drainage issues or it sits in a flood plain.If I were you, I'd try to get answers to 2 questions before I would consider moving forward: 1) are there mold issues anywhere in the property?

You really need a survey to be sure you are getting what you think you are and more importantly make sure you don't have title issues that are not apparent on the surface - adverse possession and such.

Please let me know how you guys are dealing with thisHi Rakesh.I see this same topic surface occasionally here on BP.Nope, 1% is not dead.

I know I can do this by hunting and pecking on Zillow and looking at the mortage payment estimate vs the Rental "Zestimate", but it's time consuming and doesn't surface opportunities at a high level. 

Lets say rock surface. 

. - Cabinets & quartz counters were from Pius in seattle; they have good pricing, a good showroom and are fairly quick to turn around- cabinets are the 'grey shaker' for the kitchen, 36 inches tall was the right size for our 94 inch ceilings to give us cabinets that go all the way to the ceiling; and 'white shaker' for the bathroom vanity; same counter on both- floors are laminate from costco; "harmonics camden oak"; I they're 8mm thick, 6 inch wide and 48 inch long and have a pre-attached pad; great texture on the surface and solid quality feel; would definitely buy again- kitchen backsplash was from home depot online (couldnt find subway I liked both the look and price of in store) called "jeffrey court classic brick" in 2inch x 4inch size for $2.89/ft- appliances were the entry level samsung stainless, with a counter dept fridge- cabinet handles and faucet were from amazon; cabinet handles are brand "Probrico" in the 5 inch size.

As an example, we have considered breaking down Repairs & Maintenance into sub-categories like "Interior Surfaces" or "Plumbing" and then further breaking those down into sub-sub-categories like "Wear and Tear" vs "Damage" vs "Outside Influence."

To extend their lifespan I sealed every surface with polyurethane.

@Eric Upchurch I would argue that your statement on the surface is correct but overlooks the potential in the market. 

You will more than likely need engineers involved for many things such as sewer, drainage, roads, etc.