It gives you the opportunity to better plan and manage your ongoing capital expense line items and make better decisions.And just for a third thought here, would you rather have a report on a property from someone whose client base is usually word of mouth from other sellers or listing agents, "Oh this guy is great, he helps me close deals."

@Brendan Morin  reality is there are very few 40k rental homes you can buy today in America that will appreciate like you charted... and they are in no way liquid for usually what you have in them.. to sell them generally generates a cash loss the only way your 40k rental has a TRUE cash value as you charted is if the rents rise so that investors can back into the 2% rules or there abouts...

It has a itemization breakdown of the lot and home building costs.As a long time NB resident and a Mater Dei family we've had friends and our kids classmates in the area of your lot.

However, if I had  done a thorough background check (housing, income, credit, legal) and it were only one item in question and it did not match up with the other background information I had collected, then I would question the validity of the outlier report. 

You can also find items like vanities, cabinets, and toilets.

Tenant B) may be difficult and insist that it was never explicitly stated that the filter of the hot tub was included in items needing cleaning.Over 50% of my experience in property management is in NYC, where tenants are both protected and quick to sue.

@Michele Fischer - I'm focusing first on some of the items with overall impact like roof/siding/etc.

Additionally, if there are issues that pose a hazard those items would need to be corrected prior to closing.

If you had to pick the best investments you have ever made that supplies you paper losses (tax shields) through real estate what would they be?  

A large loss adjustor is going to come meet us on Monday with one of their preferred contractors to assess the damages and give us an estimate.It seems like the next step, which is probably the most important part of this process is to find a good contractor that can give both us a fair estimate to make sure the insurance company isn’t going to try and lowball us and perform quality work to restore the house.