Property Condition: A clean, freshly painted, well-maintained home = faster lease-up.Bonus points for in-unit laundry, central air, parking, or pet-friendly policies.I hope this helps!

We had to wash all the bedding, wipe down the wall, clean the blinds, etc… a very heavy cleaning.

On top of that, you can use the earnings from the STR now instead of waiting until you are 59.5 years old.The income tax portion is likely a wash since you are either going to pay income tax now or in the future. 

Each unit has separate laundry in the basement.

Important Considerations for Drafting and Sending your QWR:Be specific: Make sure your QWR explains in detail what information you want or why you think the account is in error.Avoid making a "laundry list": Focus on your specific concerns rather than requesting a long list of documents.Send it separately from your loan payment: The servicer might have a dedicated address for QWRs.Find the correct address: Check your mortgage statement, the servicer's website, or contact them directly.Send it via certified mail: Request a return receipt to have proof of delivery.

If you don’t repair the items the $30K was for and upgrade the kitchens you my end up finding yourself with a laundry list of expensive repairs down the road when your insurance company catches up with you.

Even if the tenant pays for the work, the landlord can often still claim the depreciation depending on the lease structure.Another sleeper category is car washes.

As a source of water problems I would put them behind roofs, sewer lines, washing machines, plumbing leaks of various kinds and stupid resident decisions (Why do I have to use a shower curtain?)

It seems like in many cases the investor could use expense kitchen appliances, washing machine, dryer, etc. because they would often cost $2500 or less each?

Years ago, Warren Buffett made headlines saying buying a primary residence isn’t a good investment — and honestly, he had a point.
He wasn’t talking about rental properties or investment real estate. He was referring...