Less cleaning but maybe more maintenance.

The 25K would go towards a rate buy down.As far as accounting for cap ex and maintenance for newly replaced/updated items, I'd still recommend doing it.

If the continuing maintenance and repairs are more than you can afford and make the property cash-flow negative, I would sell and hope that the repairs I made and the appreciation would earn me some profit.

I grew up learning maintenance on properties my parents and grandparents had in Akron, then started buying my own after college.  35 years later, been full time for the last five years or so.  

Get the easy stuff first - rent roll and lease end dates, any bills the landlord pays - common area maintenance, maybe water, sewer, taxes, and insurance.

If it exist, it's usually on SFH under $180k, and at that point, the profit is so little, it's not worth the headache.I have clients with portfolios of 15+ single families in this range, and to see them pocket $200-300/month is exhausting lol.One maintenance request erases 6 months of cash flow.

Both have Maintenance Request, which is great for tracking past issues with each home.

@Vanessa LuleEstimating Occupancy Rates: AirDNA is a great tool, but it can sometimes be hard to verify actual occupancy.Hidden Costs in Monthly Expenses: Besides rent, utilities, and cleaning supplies, don’t forget to budget for:- Maintenance and Repairs: Minor wear and tear costs add up, especially in short-term rentals.- Platform Fees: Airbnb and Vrbo charge around 3% per booking.- Furnishings and Decor: High-quality, durable items are worth the initial investment.- Insurance: Short-term rental insurance (beyond renters') can protect you from guest-related risks.- Licensing or Permits: Check if your area requires permits, as some cities have fees for short-term rental operators.Breakeven Analysis: To calculate your breakeven occupancy rate, add all monthly expenses (rent, utilities, cleaning, insurance, etc.).

By this time 18 months have passed and the property through neglect, no maintenance, loss of tenants, etc. may appraise for significantly less than amount owed.  

It’s an investment that will likely pay off in terms of durability, maintenance savings, and overall property value over time.