Let's talk about paint a moment. 

I am not talking about interior colors... frankly, unless it is particularly hideous, I don't really notice interior paint. With the exception of older homes and the possibility of lead based paint, I consider it to be purely cosmetic and not a factor in my inspection.

I am talking about Exterior paint. Anyone that tries to convince you that exterior paint is also purely cosmetic is way off the mark.

Exterior paint is a critical portion of your building envelope. It is a major defense against water intrusion into your home. Here in Florida, shedding water is one of the most important (and sometimes most difficult) tasks of the building.  When the paint starts to become faded, chalky, or peeling it is time for a professional paint job. You notice that I said PROFESSIONAL. I am a strong believer in the DIY homeowner, but this is one of those things that is better left to the Pros. 

More Polybutylene.  SSDH...Same Stuff... Different house...