I know we all hate turnovers, but…

[Matt M.]

Hey guys, 

So we all hate turnovers. But, long term tenants aren’t necessarily great either. Personally I’ve never really cared about turnovers, I’m a DIY landlord and contractor. It gives me an opportunity to do a really good once over and make any repairs or upgrades, along with rent increases.  My last turnover was Aug 2021, I spent a week at the house cleaning it up etc. and rent went from $1175 to $1400. What got me thinking was I am starting a rehab in a clients unit today. Tenant was here 12+ years, so now of course it needs everything and he lost so much money over the years with just small increases. So now he will be faced with a big bill from me, but rent will finally be market value. I just find that turnovers are better around 2-3 years rather than 10+. 
what are your thoughts? 

[Mike Dymski]

Your situation is much different than most.  You spend a week and sweat equity...others spend thousands and have a vacant unit for a month or two if rehab is required and/or a PM is involved.