I think 50k$ is low depending on the grade of the lean. if its bad then you're talking flooring issues such as tile cracking and what not and like @Eliott Elias said doing dry-wall work too.I don't want to sound like a debbie downer, but if unless you have deep pockets or you know how to do the work yourself I might look elsewhere. 

They have more skin in the game then you do.Make sure you get clear title.

I am guessing this also is not in an A area and unlike what is written lower quality rentals that on paper cash flow suck the well dry from continuous maintenance.Feel free to try another PM company would be my recommendation.

While I agree with your response, its not that cut and dry.

The main benefit for me is an easy sale with no vacancy, repairs or commissions and a tenant that has skin in the game. 

Now MTR’s are a nice sweet spot that is sadly drying up on some level as well.

Could be a professional dry out if directly on slab or worse if has subfloor.

We ended up having to cut the affected drywall from the downstairs ceiling in order to get everything properly dry.

Some people prefer baseboard hot water so it doesn't dry them out, while others prefer forced air.

For all the blustering and "I'm keeping powder dry" people bragging about how they're ready to jump in and pounce on all these dollar deals, the reality of a true real estate crash is a lot of economic devastation that bleeds into all sectors of everything.