But generally items like appliances, carpet, paint, cabinets etc would examples of items that the landlord is able to depreciate over time on their taxes and therefore is expected to replace when needed.I hope this helps! 

How large is this paint point?

It runs just fine but the paint is starting to peal.

Make sure you are asking for a good sized deposit, and when renovating, use materials that are hard to damage (LVP on the floors, higher sheen with the paint, higher quality faucets, maybe solid doors).

Light remodel of bathroom and kitchen, painted accent walls, added a gate to make an enclosed patio, and gave the place a general ambiance/brand.

Why go down the path of MOST work/ resistance? 

Light remodel of bathroom and kitchen, painted accent walls, added a gate to make an enclosed patio, and gave the place a general ambiance/brand.

No way you can see things like copper pipe tied into cast iron, asbestos tile or asbestos wrapped piping in the basement, lead paint, and many other issues that can cost thousands.

  $850 a month is better than having a month vacant plus the cleaning painting etc, you would have to do to get the unit rent ready.Expect what could go wrong will and access all the possible today to the interior possible. 

Asbestos, Lead paint, nuclear, etc are not usually covered.