When I hit my 60s is when I will likely enter phase two of retirement, which is more “traditional” in nature, where those retirement accounts that have now been able to compound for decades will slowly be tapped.  

The rental has all the appliances already installed (they worked fine upon inspection and move-in). 9 months into the lease the refrigerator went broke, massive problems with the sink and plumbing, then to top it all of the washer decided to cut out (naturally all my clothes were in it when this happened). 

Hey guys(girls)Let me start with a little background>Im 23>Live in SE Wisconsin >Dropped out of College in 2015 because wasn’t sure my direction>4 yrs working full time for family owned HVAC business (730-430 M-F) -HIGHLY Interested in real estate and land development for 2-3 years>Last year bought 2, 2-fam lots -Built/sold 2, 2 fam condos -Gained capital that I want to reinvest>Just closed on my 3rd duplex lot going to begin building in May>Just purchased my first rental property:(Hartford Wi duplex) -Trying to diversify portfolio -Paid 200k 10% down -Rents 850 per side (thinking about upping rents, also want to incorporate a BRRR process)This is currently where I’m at^.

Hey guys(girls)Let me start with a little background>Im 23>Live in SE Wisconsin >Dropped out of College in 2015 because wasn’t sure my direction>4 yrs working full time for family owned HVAC business (730-430 M-F) -HIGHLY Interested in real estate and land development for 2-3 years>Last year bought 2, 2-fam lots -Built/sold 2, 2 fam condos -Gained capital that I want to reinvest>Just closed on my 3rd duplex lot going to begin building in May>Just purchased my first rental property:(Hartford Wi duplex) -Trying to diversify portfolio -Paid 200k 10% down -Rents 850 per side (thinking about upping rents, also want to incorporate a BRRR process)This is currently where I’m at^.

Most people don't think a water line or natural gas line will ever need to be replaced.2. possible cost to remove trees since their roots can cause damage. 

@Ned CareyNed I know we don't all have the luxury of picking the perfect way of acquiring learning opportunities, but I'd be very careful if I was OP about this type of damage if she's never managed a project that involved for instance replacing sub-floor and flooring (and possible structural roof members, roof sheeting, and shingles).From the nature of the question I'm not sure that the foundation is there to be successful. 

In addition, I will incorporate flips.  

Also in corporate culture its maybe more common to pay for consulting and coaching ect, but us newbs arnt as accustomed to the practice?

They did all the financing, so it is private in its nature.

Underwriters assume that "repair" items are annual/recurring (DTI hit), and depreciated capital improvements are one-time in nature (no DTI hit).