The landlord, garage guy and myself were outside looking at the garage and the garage guy clearly stated that it was only the bottom panel that was dented, but the garage itself is fully functional with no other problems.

One of the main components here in the risk premiums (though not the entirety of it by any means) is the function of demand. 

Made bathrooms functional; refinished hardwood floors; lots of minor cosmetic work;Lessons learned?

A partial exchange will come into function in such a case.

There are also functional replacement cost policies that will rebuild the property only to functional standards. 

So, we acquire lots of functional and fairly good appliances.

I also invest in Class C units, and our goal is "clean, safe, and functional."

However, they have now realized how these group housing policies limit the ability of low income peoples to live in the city center, so are in the process of rewriting them.If you would like to know more about any of my homes and how they function, please let me know.

The first year and a half we used it for all those function other than accounting.

Depends on the volume of investing you plan to do, whether or not you want to function as a realtor for others as additional income and how much you want to invest in maintaining your license.