Quote from @Rohan-Chad L Simpson: Hello,I was wondering what other Landlords and property managers use to track maintenance and Repairs, and if they use a ledger and if so where can I get a basic maintenance ledger.There are a lot of software choices available for free. 

For those, all I do is delete a "projected" value from a row and maybe update the date if it didn't occur when I expected it.

Even if you gave them a small equity component that does not mean that the architect has a skill to manage a construction project 

Investment Info:Single-family residence renovation investment.Purchase price: $45,000Cash invested: $43,650Sale price: $135,000Contributors:Peter VekselmanPartner Driven partnered with Preston Moore on a renovation project in Guntersville, Alabama.

While the operator initially projected strong returns, the fund has failed to pay distributions for over two years, and several key performance metrics have declined sharply.Key Performance Data (as of Q4 2025 Report):Occupancy Collapse: Occupancy has dropped from 97.5% at acquisition to 78.1%.Net Operating Income (NOI) Decline: Annualized NOI has fallen from $3,323,252 at acquisition to $2,525,046—a nearly 25% decrease.Loan Non-Compliance: The portfolio’s Debt Service Coverage Ratio (DSCR) is currently 1.10x, which is below the 1.25x covenant required by the lender.Lender Cash Sweep: Due to the covenant breach, the lender has initiated a mandatory cash sweep.

Welcome I'm fairly new here as well however I have experience with assisting investors with funding projects nice to connect. 

Sometimes a duplex that needs paint and flooring gets overlooked by other buyers, but the numbers work if you can handle basic rehab.

Add 4% for long term appreciation which would be real challenging on a 1% monthly rent ratio property.   10% total return, not counting any tax benefits, therefore is a challenging goal that very few mls properties will be able to achieve.Who invests in residential RE for a projected 10%.  

I found some PM contracts basically make it harder to leave than to stay, even when performance is bad.

Once you factor in typical reserves (5-8% vacancy, 5% maintenance, 5% cap-ex), you're basically breaking even or slightly negative cash flow.The real question is what's the $187k going to do for you?