That said — if everything comes back clean and they're otherwise equal, I’d personally lean toward the tenant who’s going to pay more.

., they might balk at repainting it, if they do repaint it they might do a crappy job/use inferior paint/overspill etc.Sure you can have a contract, but try and collect on that after you part ways.A step down from my hard "no" would be take a deposit equal to paying a contractor labor/materials to repaint the unit. 

We invest in C+/B class locations that COST MORE but equal less headaches long term. 

.: I was talking to a client the other day who made a funny but true comment that got me thinking: they have done extremely well with their property but would have done almost equally as well if it had been vacant the whole time they’ve owned it.

All these properties are pretty equally valuated. 

Like Mohamed mentioned, beyond separate bank accounts, meticulous bookkeeping is equally essential.

Always try to stay consistent with all marketing, screening, processes & following the standard for fair housing/equal opportunity to try not to discriminate.

Not all sales agents are created equally, but data suggests the top tier sales agents will achieve a result that exceeds the few percentage points of commission savings you are looking to pocket. 

Same thing with some parts of CA. some of the rural counties have some pretty good deals that would equal stuff in the mid west.. although quality of tenant might not be as high as Vegas and Vegas has good landlord rules as well.

However, keep in mind that any depreciation you take will be recaptured (reversed) when you sell the asset - meaning each dollar of depreciation taken now equals an extra dollar of gain on the future property sale.