This is a standing wall of water or a huge wave that is caused by strong winds and a rapid change in atmospheric pressure.5) Replacement Cost Value. 

@Ankan BasakI would tell the tenant they own the refrigerator and they can either use it and take it with them when they move, or you’ll repair/replace the old one yourself.

One had a special assessment costing me 27k alone to replace all the water pipes.

@Jordan Moorhead If I refinance my thought is that I’d be replacing my old mortgage with a brand new one, starting the loan over.

Having the replacement she finds sign a new 1 year lease?

Even if you can, I will remind you that you need a replacement like-kind asset named within 45 days, and closed within 180.  

Apart from painting, replacing toilets, etc (and also addressing mold issues), the general contractor is also adding a wall to make the property a 3/2 again (prior owner took down a wall to make it a 2/2). 

I have a friend in DFW who comes from the homebuilder/carpentry side (higher end, modern building science-driven homes) and he is completing his first tiny house build.

Think along the lines of what is the most expensive to replace? 

Generally, set aside 5k as reserves for each investment property in the event something needs to be fixed/replaced.