The previous owner has replaced the HVAC, water heaters and put in granite countertops in the past couple of years.

The previous owner has replaced the HVAC, water heaters and put in granite countertops in the past couple of years.

This would be worth it for a water leak at 2am if the property was an hour away, but not worth it if a tenant needed a light bulb replaced. 

If it is a block building, then the header system (that steel plate) is failing and the weight of the building is coming down on the door, a larger issue that might be best replaced with a stronger one.

Make sure the the policy is replacement cost and a replacement cost analysis has been done to ensure the house has the appropriate amount of insurance. 2.

-I have Single Family Home under contract price 220k - buyers inspection noted 2 items:1) roof (shingle wear) replacement estimate:4,500-8,500. 

Also, we have $10k in cash reserves, which we feel good about given last year we replaced the A/C, foundation work, etc. 

Would be difficult to sell in the future and even if I didn't replace, the insurance premium would eat into my cash flow.

I have a similar situation where my regular person left and I had a meeting with her replacement. 

To do this you'll need to use a qualified intermediary, follow a process and purchase replacement investment real estate.