Hi Dhvaya,So, lets break this sandcastle question into some grains of sand, with some statements.[1] LVP does not like water (most of it--but not all).[2] LVP damage seems to mostly come from scratches, deep ones and light ones.

@Phat Dao I am in similar climate to you and garages do add value in cold climates.

There is standing water in the crawlspace, some work to be done on the kitchen floor, and some electrical work. 

skim with a roller of watered down mud and a squeegie.

We have been struggling with what to do next on the housing front We've gotten close to buying a place a few times but backed off (including once where we had an accepted offer but got cold feet over a sizable appraisal gap).We'd initially been exploring either a condo ($1-1.2M plus HOA fees) or a single family home in a less desirable suburb for ($1.2-1.5).

The leaves will soon be falling in Cleveland which can be a problem for your gutters potentially leading to ice dams on your roof, water in your basement or a variety of other issues.

Since some of the issues had to do with water, it was sometimes scary, but we keep taking the next best step.

There are tons of expenses so it not managed right it will be under water.

Purchase price: $250,000 Cash invested: $115,000 Rental must be refurbed after last tenant, pool /hottub/ yard issueLeak from water heater created major damage, but didn't compare to tenant issuesMaking decision on selling/renting again to mitigate the costs of repair What made you interested in investing in this type of deal?

Think roof, furnace, water heater, etc.