Another item for interviewing that David may or may not have mentioned, women reign supreme in the PM field. 

The big ticket items like HVAC, water heaters and roof. 

Most of us have cash reserves, retirement accounts, brokerage accounts, lines of credit, steady work history, or some combination of these items, and have properties with low risk of extended vacancies; so, there are zero concerns with leverage.

@Ashok BhupathirajuJust because you can do something doesn't mean that you should do it.I think you should mention what you are trying to accomplish and we can determine if the steps you are taking are achieving your goal.What benefit are you obtaining by having items run through the LLC while the property is in your personal name.You should consult with an attorney but you will likely be named in a suit if something bad happens just because the title is in your name.

You just put in the items that are different than the current lease, referenced by paragraph number or page number, and note the changes.

Just put up pole building at personal home so goal is to move items over and rent the outbuilding at rental as storage space in the near future.

A small rehab, the biggest item was re-flooring the entire house. 

For example, if you were training to be a climber you wouldn’t go scaling Mt Everest your first time out.Also, if your deal goes sour, are you ready to take the loss?

Finally don't file a claim for small items, my rule is 10k or above, so I set my deductibles accordingly. 

we had planned to do health, safety and welfare items upfront and other repairs as cash flow became available.