What should I be on the look out for in terms of unrepairable damage?

Home had prior back-up issue (and the damage is evident in the basement bathroom baseboards) but they added a sump pump.  

I talked to some Bobcat guys and they said that I would be liable for the damage to my neighbors if I start changing the flow in my back yard.  

This would constitute a cap ex (capital expense) and there are many of them, not just the roof.Vacancies, repairs and maintenance, tenant damage beyond the security deposit, property management (does matter if you self manage, you don't work for free so you still must calculate it as a cost in your numbers), accounting, advertising, utilities, and the list goes on.From what you have posted on numbers, I can assure you his is a cash flow loser.

I'm also concerned if a tenant were to damage the granite.Thanks,Ian

While we really do not make any significant revenue, it cuts down drastically on the move-in/move-out damage to the properties.

What if the wife damages the property and refuses to pay the damages?

But, I knew I was finally doing it right.Where I Went From ThereOver the long term, after my credit was damaged, I started wholesaling to build up some cash again, and to pay down the bad debt that had formed as a result of my experience.

It is cheap, easy to install, and is not damaged by water.

Second, if the damage was limited to the stove then any insurance deductible make filing a claim useless.