Wood rotted for lack of paint leading to major expenses.

It doesn't appear to need a ton of work (paint, carpet, drywall repair, few kitchen updates) but I need to understand the cost while I'm currently in the option period.

Major part of roof is flat that we have painted silicon on every few years.

Rich Ng - it would only cancel the eviction process if the tenant paid in full and prior to the sheriff placing the notice on his door.

i would start by looks ng up the assessed value at SDAT.  

One thing you can do is set things up quarterly by the season.. makes perfect sense.Look water heaters, cooling systems, boiler systems,schedule filters on those systems to be changed or inspected.exterior roofs, siding, windows a good general inspection spring and falllandscape grounds, parking area's including trash areas at least 2 times a year for needed replacements or lot line painting, or pot hole fixing..You should get into the units for a quick look see at least 2 times a year.. if not, be sure and schedule one before you renew a lease to make sure the upkeep is to your satisfaction.Just don't replace all the stoves at the same time or fridges,, then you'll have them all die again at the same time.. do appliances as needed.. and save some $$ so you've got that covered. 

Rich Ng I do not believe there is currently a distinction between the two hopefully lawmakers see this loophole of emotional support animals and close it because it is only hurting people who truly need service dogs

Also, while the property is in outstanding conditions, only need new paint and carpet needed, monthly rent will cover the mortgage itself, very little ($25) as positive cash flow.

The home appraised for 25k more than what I purchased it for, and I put a 20k downpayment, plus the improvements that I've made during the 4 months I've owned the home (paint, flooring, etc.. ) My lender notified me that even if I refi into a conventional loan with them (I currently have an FHA) that the Flood insurance premium would still be there. 

@Michael Healy, go back to @Rich Ng's post:  "The law is that its only those 4.