And while everything looks really negative now, I don't feel like it's going to be a prolonged situation.  

Capital Expenditures are defined as expenses that add to the value or useful life to a property.Repairs are expenses that keep property in an ordinary efficient operating condition and do not add to its value or appreciably prolong its useful life.Land improvements are those betterments, improvements and site preparations that ready land for its intended use.

Better to rip the bandaid off than to prolong the pain in my opinion. 

Our choice is usually to take it now rather than prolong the situation. 

I agree SFH are more risky for investors based on your two points, but we are in a prolonged SFH shortage, and homes are the gold standard of rentals so only the best creditworthy people should be renting them. 

If we go into a tailspin it doesn't bide well for other countries and might hit a global recession.Most investment cycles go about 10 years but tax policies juiced out further a prolonged expansion.

It has prolonged the eviction process and added some cost. 

In my letter, I told them we had to go over their leases and re-sign their lease, or we could wait until their lease ended, but it would be to their advantage to work with us, now, so we could clear up our expectations and ensure them we would prolong their tenancy.

And because they extended the closing for you it prolonged their inherit risk of holding a vacant house.

Affordable markets tend to attract a steady stream of renters and buyers, reducing the risk of prolonged vacancies and ensuring a stable cash flow.Rent to Value Ratio:The rent to value (RTV) ratio is a critical metric that helps us evaluate the income potential of an investment property.