Proactive maintenance keeps those costs at bay.It Protects and Increases Your Property Value: Think of a leaky faucet.

That leaky faucet?

Air conditioners are harder because some parts may have been replaced, but using the manufacture date is usually a good starting point.Calculate the remaining useful life by subtracting years in service from the useful life:Calculate monthly provisions as follows:AC compressor: $2,500 ÷ 16 years ÷ 12 months ≈ $14/monthWater heater: $1,500 ÷ 3 years ÷ 12 months ≈ $42/monthTotal monthly provision: about $56You may have more high cost items, like roof replacement.Base MaintenanceIn addition to major components, you should plan for routine repairs—things like dripping faucets, slow drains, or minor fixes.Across the properties we manage, the five-year average for these base-level repairs is about $400 per year.

I had the back splash re-done in the kitchen, light replaced in kitchen, epoxy the countertop, painted the entire inside,  replaced the doors/hinges/handles, replaced the carpets to the stairs/2 bedrooms, replaced all ceiling lights and ceiling fan, replaced the water heater (old one was way out of date, also had my brother help me with that since he is in hvac), kitchen sink/faucet, bathroom mirrors, resurfaced the bath tub.

If you can't isolate each individual unit then you are going to have to start with the obvious and usual culprits, which would be toilet, dripping/leaking faucet, leaking outside hose bib.

LVP options around $2-$4 per square foot.Sink & Faucet ($450):Stainless steel, single-bowl sink.

For most turnovers, the top three needs I consistently see are:Paint and patchwork – Touching up walls, fixing nail holes, and making the place feel fresh again.General repairs – Think loose doorknobs, leaky faucets, damaged blinds, or appliance issues.Deep cleaning – Kitchens, bathrooms, floors, and windows need to be spotless for the next tenant.If it’s a long term tenant moving out, sometimes flooring or light fixture updates come into play too.As for labor, having a go-to crew is ideal.

From what I understand to do it right they had to completely replace the $100 set of knobs/faucet/etc. but instead what they did was take an old part of a different (but same model) system and stuck it in there leading it to leaking again.

Small things like no gutter on a section of the roof, outlet covers painted over poorly, bad paint job around some windows, some 2 prong outlets need replaced to 3 prong, and a leaky faucet downstairs. 4. 

(Left the gas on the stove on once, had a running toilet never reported, opened the washing machine faucet to cause a leak to the floor below purposefully when they had no washer).