A few years ago I had two P3 LED panels with missing LED's in the corners due to being beaten up in shipping. Recently it happened again, this time three P5 LED panels had missing LED's from shipping abuse. In another case I bought 18 P6 panels that were likely bad before they were shipped. Every panel had bad LED's, some had as many as 30 LED's that were not working out of the 1024 on the panels. At first I repaired them to where 1-5 LED's were still out, but then with a better soldering iron tip I was able to get them to 100% working.
I want to show you how to repair minor problems with LED matrix panels. Usually it is a corner LED that is loose or missing. You can buy reels of 100 LED's for about $6. In the P3 and P5 panels they were 2121 LED's. The P6 panels had 3535 LED's.
First remove the almost invisible screws near the missing LED. Then lift the panel screen and make two small cuts in the screen as can be seen in the next picture. Remove the cut out piece. Set the screen back down. Clean up the solder pads, leave some solder on them.