If you're prioritizing repairs, moisture invasion is top of the list since it doesn't get cheaper by putting it off.If you can do the repairs (especially stuff like major plumbing) it's better/quicker if you can handle the lost income.

The particle board under the plastic coating does not stand up to moisture, so its important to keep the plastic like covering intact. 

"moisture damage and/or wood rot".

Now obviously you could argue other costs could go up too, like taxes, however, taxes are tied to property value, so if the value is increasing then I am creating additional equity in excess of the loan paydown, and therefore could sell or refi and take out additional capital at a later date.

It had a moisture content level in the crawlspace of higher than 20%.

And most importantly, any excess is considered income, not a pro-rated portion.

I have read here the multiple posts from the landlord concerned about tenant setting thermostat to the extreme causing excessive HVAC wear and tear. 

I'm not sure how much more work is involved on the commercial side but I also though $240,000 (3%/3%) was excessive on a $4M building in a hot market.

We have seen a lot of properties go to Excess & Surplus carriers instead of Citizens.

So they have $47,800 worth of debt and $45,600 worth of excess annual income.