@Ronald Grams other note: Keep an eye on both and diversify.

@Corbin Grimes  I've got a spreadsheet I built to analyze flips and buy and hold. 

Mathew Grimes one thing you can do is find an investor friendly title company.

Clean is defined as: all surfaces (walls, floors, counters, fixtures, appliances) free from dirt, grime, excessive dirty dishes/laundry, and grease.

http://www.citypages.com/news/attention-stoners-hennepin-county-wont-prosecute-weed-cases-under-100-grams/507281601Recreational marijuana use in the Twin Cities is awfully common, particularly in areas with younger renters.

Now there is just over a month’s vacancy after the second one - still looking, but with a new PM that I found on my own.The new PM recently advised that, despite deep cleaning of carpets and painting, there is a strong (bad) smell after a few days of no open doors/windows - the new PM advised that when they first saw the property at the last tenant’s move-out, walls were filthy with grease and grime, and the carpet had food pieces in it and looked like it had not been vacuumed the whole duration of the lease (11 months.)

-Grimes

We itemize under each category with specifics, here is an example from one of our move-outs:CREDITAmount held as Security Deposit: $800DEBIT Less Deductions for Missing Items: $3010 year lithium battery from smoke detector ($10)Seat cushion from kitchen bench ($20)Less Deductions for Damages: $170Patio – stain ($20)     Living Room – one broken window pane ($50)     Living Room – five inch spot on carpet from black sharpie pen ($50)     Living Room – one broken wand on blinds ($5)      Front Bedroom – one bent curtain rod ($5)Back Bedroom - door handle bent ($10)     Kitchen - cabinet drawer wood broken ($30)Less for Extra Cleaning $110Stove Top ($25)     Range Hood ($20)     Kitchen Sink ($20)     Ceiling Fan ($15)     Walls – extra cleaning of grime & pen marks ($10)     Floor Vents - debris in ducts ($10)     Outside Debris ($10)Less for Unpaid Utilities $12     Electric (changed by tenant too early, $12 for Nov 20 to Nov 30)[Credits $800 Less Debits $322 = $468]Total Due from Landlord to Tenant (Check Enclosed) $468

If you must count something, count grams of fiber intake and aim for 50g/day.

He doesn’t get involved really at all in the finances, so I am not sure he felt strongly about this, and I suspect it was more of a vague “you don’t let me spend all the money I want, so we can’t afford extra stuff” kind of mindset.BUT THEN his Gram went into assisted living, and his uncle needed to sell the house to pay her bills.