Sometimes either the drain valve (on the side near the bottom) or the temperature/pressure relief valve (either on the top, or on the side near the top) starts leaking, and $20 at the hardware store solves that problem.If it doesn't leak, but doesn't get hot: if it's gas, and has a pilot light, sometimes the thermocouple burns out; this is a $20 part at the hardware store. 

. $82 per month for repairs is light. 5% per month would be better.

Plenty of stories on BP about PM's charging $100 to change a light bulb or throw away trash between tenants. 

Hi, I'm looking for some recommendation for some light fixtures for the indoor entrance and the dinning room for my rental. 

I am also contacting the broker that will be hiring me to activate my Real estate license (Start taking these courses Friday) to shed some light on this as well.

I have changed some light fixtures and the 240VAC water heater.I did install a double pole 240VAC breaker and run temp power out to a large camper.Haven't had the need to do do anything more.

Surprisingly, there were no surprises in the budget ... other than my husband putting in four high hats, (that area doesn’t command recessed lighting). 

Cosmetic changes (flooring, paint, light fixtures) What was the outcome?

-electrical, plumbing updated, re-insulated-Central locationThe cons:-low income/disability tenants (however have been there for years and seems rent is steady)-the house was built in the early 1900’sWith a purchase price of $330k - the cash on cash returns look great, I do think it’s undervalued if going off cap rate as most multi is in the 5-6 cap range.The hard part for me is getting my head wrapped around that old of a building and the tenant profile - usually I focus on Reno’s and attracting high quality tenants....with everyone on here I’m sure some of you can shed some light on your experiences and any advice?

While we were trying to sell a house from half way around the world, I had one that I told her what the house would have to minimum at because we didn't have much equity in it and rent wasn't cover the costs, but I would prefer to take a light bath each month than take any money to close.