Depending on your fiduciary duty, that will tell you where to go next.

Some repairs are considered normal wear and tear, eg. depending the length of the tenancy you might not be able to charge for painting the interior of the house, cleaning (or even replacing) the carpet.

That all depends on what your appetite is.

Also, because I stand behind my decisions, I have varying management rates depending on if I placed a tenant or if the owner placed them; because I know the tenants I place won't take up much of my time I can charge less.

I would say that whether you should wait or not depends on your goals and what you are hoping to accomplish with REI.

It really depends on what part of town.

@Ankit Bavishi depends on your goal.

Depending on how hot the fire got it could have cracked the slab.

Depends on your state landlord tenants laws-Ejection is Different and more expensive than Eviction if someone is living in your house.

the 70% rule allows you to have 10-20% profit, depending on situations.