If it is an expensive fixture, I would have told them no.I had one tenant want to swap out a fixture.

@Shun Williams S8 is a tool, not a magical solution to tenant payment issues.You must understand that you are swapping one set of problems for another set.

In our case majority of assets we acquired we used bridge fixed swap debt, so we are not under the same pressures as these, with expiring rate caps and non-renovated units looking at market repricing  - not sure who said it on this forum but kudos to you, this is the truth - " It looks to me from a reward/risk perspective, between now to 2027 could be one of the best year to invest in distressed multifamily debts." 

I said go talk to your attorney I will trade you the house and some cash for the land so you will now own your house free and clear and not have to move.Attorney comes back with 225k for the land i give her another 100k in cash and we do the swap. 

The most cost effective and safe investment you can make to cover your 50K debt and still use the same 20K capital to increase the value of your holdings is invest in short term fx government treasury swaps.

Let’s swap tips for maximizing ROI in 2024!

You should be swapping photos seasonally in and out so it's fresh and enticing.

Just keep the keys that come with the different locks and you will have the next set of keys ready to swap out each time someone moves.

I don’t try to time the market because I have seen the M2 money supply chart and understand the government will always print money.That’s a solid perspective, and I completely agree with the concept of swapping fiat for something truly scarce like prime real estate. 

Painting, replacing light fixtures, swapping out carpet.