Hey @Jai Reddy, Check with Rockford Steele at Stout Lending.

These places really do need a power washing because it is littered with gum, dirt, liquid stains and so on and really does make the places look terrible but these landlords will not budge on getting it done but will happily spend a a couple thousand a month on landscapers to trim bushes and cut the grass every week.

You could delay repairs, self-manage, or cut the lawn yourself, but that mortgage lender has their hand out every month, no matter what.As you eluded to, a drop in housing prices, isn't really a major issue for a landlord in the short term.

It becomes the death of a thousand cuts sort of thing. 

If it does exceed the 50% limit, just cut the purchase price down until you are within 50% of your gross income.

Although I do question if I am cut out for this game when things like this happen.  

The “big” companies or those which you can sing the jingle to/see marketing on TV all the time, likely don’t have these types of insurance solutions in their product suite.Part 4 of 5: Why you should include Deductible Buy-Down Programs in your insurance policy program.There are many different reason to consider adding one, or multiple buy-down programs to your insurance protection plan.These are not all the reasons your business should consider implementing a buy-down program, BUT will give you a good understanding of who should seriously consider.1) You have a number of properties in close proximity2) Having a lower deductible is a priority for you3) Wanting to look at ways to cut premium costs4) If your insurance company is requiring you carry a substantially high regular deductible on your policyPart 5 of 5: types of Deductible Buy-Down ProgramsThere are many buy-down programs available to implement into your insurance protection plan.Depending on your business, the “best” program may not be in the list below, but the list is what I have seen more often.WindHailEarthquakeFloodHurricaneThese programs are the most common programs I have seen, BUT that doesn’t mean they’re the best out there or right for you.

That way you don't have to cut up a beautiful old property.

I will say I was darn lucky to come out with just a couple cuts on my hands, torn pants, and some scraps on my head.

I don't cut them slack if spending more than $50 - $60.