If you had asked me this question about an Ohio property, I would probably tell you to eat the cost of the $400 because you'll have a very difficult time proving that the tenant caused the damage without the ongoing help of the current owners and the current owners are unlikely to be helpful once this transaction closes. 

Eating into your cashflow. 

If you do decide to purchase something I have bought gift cards to grocery stores...Everyone has to eat. 

The HOA is run by some savvy investors who see the value in keeping costs down; the chefs have to eat their own cooking. 

Maybe the area has a lot of new places to eat out, you can target people who frequently express interest in food.

I have been reluctant to buy condos because of the associated HOA monthly payments that could cost more than $250+ monthly, which can eat up the net profit and hurt the bottom line.

Those will tend to be only commission, meaning you only eat what you catch. 

A good true turnkey is a company that lives, works, eats, and breathes in the metro area that you want to invest. 

STOP being cool...stop eating out, stop spending money on Instagram worthy vacations. 

If the company didn't have insurance (your risk if you hire someone without insurance), then you might end up eating it anyway from a legal point of view if you were in a court of law.