There are a thousand situations where insurance will not and cannot cover you so why in the world would someone rely solely on that? 

There is also the chance that you just blow an awesome deal because you low ball too much based on what you have learned on BP without real world experience in your market.Buy your first rental properties in a way that makes financially sense - for high cash flow.

Some of the larger expenses-Interior/Exterior Paint, Storm shutters for a few of the front large windows, added additional cabinets to one unit,  New refrigerator from Dent/Scratch store after old one died,  Laundry units that tenant pays +$50/mo for etc. 

You seem very sharp so I don't see you having a problem in the housing enigma of the investing world.

@Giridhara Gowdra chandrannaA - fine expensive well cared for yards and homes owned by professionals and business owners.Luxury cars B- average blue collar suburbia most homes are owner occupied and yards are in good condition.C mostly low Income people rundown rental houses lots of old apartment houses lots of old cars D VIrtually all buIldIngs are old and need some maIntenance .mostly rentals 15-25 year old cars random crIme drugs -hIgh grass and hIgh resIdents Seen walkIng around aImlesslessly F boarded up houses shootIngs no one works open aIr drug deals most everyone looks shady .Hookers rap musIc blasted from random homes and cars

I sent the complaint to the old PM who had managed it for a few years, we never had this type of complaint and it seemed odd that it just cracked out of nowhere. 

You can clear the title by doing a Quiet Title action using an attorney or hunting down the previous owners and getting Quit Claim deeds from them and a release on any old mortgages.

@Jim Growfer These filters are old and only work in very specific markets for particular assets only.

I plan to paint cabinets, get new fixtures and doors, and replace the old carpet with laminate planks, along with a few other smaller tasks.How do I show these or catagorize these expenses? 

Im 25 years old and I am trying to generate Generational Wealth and brief others on the importance of financial freedom.