Yes,It will cost you more in time to meet a tenant locked out then the cost of a key.I have an addendum for smart locks that require the tenant to return control of smart lock to landlord on moveout date or pay for replacement

If the damage is really bad, then you may have to replace some studs.Of course, none of this should be attempted until the roof issue is resolved.

On the residential side my experience has been that any cash flow I accumulate gets eaten by major “replacement” items every three years.  

I also have a specific note that they have to initial that if they lose mailbox keys that it is $400 to replace since it's a huge hassle to deal with the HOA when that happens. 

I had to replace the fences after a strong storm last year, which costed $4200 in materials and labor.

So, I tried to help the situation by getting a contractor to go replace the floor and remodel the bathroom so that the house is nicer for her.

She is under the impression that the lease says they are supplied in complete working order and that I need to replace them. 

We did, however, replace some of the pipes with ABS.

– I’m exploring whether I can remove the SRO designation and replace it with Artist Dwellings, but I’m unsure of the legal requirements or how this conversion works.If anyone has clarity on the definition of Artist Dwellings or proven strategies for making this type of conversion, I would greatly appreciate your input.Thanks in advance for any insights!

So my question is, are you generating more qualified leads with this free time you'll get back, or are you trying to replace this with a VA?