The old cabinets that are solid wood is just like real wood floors in that you can keep reconditioning over and over again.

I still purchase used and reconditioned appliances from them as their machines are high quality and great prices but I won't use them to manage again.

I can see for a single tenant in a house that is not close to your other rentals doing a negotiation like that might work.Most of the tenants I have if the judge says to be out they go.Different tenants have different levels of knowledge with the process and the last thing you want is to empower them more.You will have enough professional tenants to deal with as it is.I always tell my property manager that "less is more" when talking with a tenant.The more you explain things to them the more they learn and are more difficult to evict.Let them believe they have to be out and most will just move and not wait on the writ.One tenant I had got a judgement in court and the eviction date from the judge.They paid the judgement and moved out and didn't wait on the writ.They didn't know about garnishment,bank levy,etc. and the process and just paid me the judgement.Also even if it is a house you have to watch if your properties are close to each other or renting to friends or family they will talk as well about you the landlord.Have another tenant now where she owes thousands and the writ is in a week.She has been waiting on disability approval from SSI.She wants to pay 700 but I have a judgment for a few thousand.I told her if she comes up with 2,500 I will let her stay otherwise she is out.The reason is at 700 it is not worth it to me.I would take 700 and then have to cancel the writ and refile eviction.With the holidays it could be January before I get her out again because of the courts taking the time off.At 2,500 I get most of what is owed and I don't have to recondition the property.Then I don't have to get re-rented during the Holidays which will most likely take a special first months rate to rent out.As a landlord these are the tough decisions you have to make on a case by case basis.We do inspections once a month.Then we know if we file eviction what kind of recondition costs will be needed to get ready again.Then you weigh the thousands in costs or hundreds depending on condition re-renting versus a workout with the current tenant.As far as evictions go most will pay the judgement.If they do not I am nice to them and press them to move out by the court ordered date.The property manager goes in daily and says a few more days and it all has to be out.This presses them to move.If they change the locks which they are not allowed per the lease then we have an impact driver that will push through the toughest lock in under a minute.Some will stay and wait for the writ but not many.I wait until they leave and then I "bring down the hammer" and file garnishment against them.I don't do this until they leave to keep them calm and make them think they are getting away with something.They leave the place clean with no trash thinking they are getting off scott free.

If I sell it and pay capital gain tax, realtor fee, reconditioning the property and selling cost,  I probably gonna get net cash less than $295,000 I original paid.I’m a single female with 1 grown up daughter. 

Here's a good link to buy reconditioned sprayers, http://www.gleempaint.com/airspray.html great for do-it yourselfers, I buy the small ones for trim, doors and cabinets, the gun and hose would cost about the same as the complete rig if bought individually, I use it for about a year on my jobs, toss the unit when the packing goes out, because it cost the same to repair it, keep the gun and hose and order another.

In theory, you can purchase with no money down, certainly with less money, and keep some for reserves and light reconditioning of the property to increase rents.

I created my own auto reconditioning business three years ago which ultimately has been a financial blessing to my family.

Sometimes I try to "recondition" old windows - we have a company that, for $300 will remove weights/pulleys, insulate that cavity, install new track, and make them operate like a "modern" window.

Some of my partners here locally and I have been discussing trying to have a monthly meeting to try to "recondition" the local wholesalers to be more realistic in their deal analyses.

In January 2018 I landed in the Cleveland, OH area and now work as an operations analyst for a small business that provides reconditioned equipment to the material handling industry.