I don't expect the tenant to be checking their water meter on the backside of the building since it's at an apartment style building so would this fall on the condo association or utility company to refund the tenant?

However, it increases debt, which can strain cash flow if rental income falls or expenses rise.

Don't fall for the trap that they blame you.True statement.

They know how to really reach you deep down where it matters and get you all pumped up convinced what you need is what they offer to be successful.So how do you not fall for that?

He has other medical issues and we’ve had to call 911 on him for falling at least 7 times. 

The roof rafters are falling due to water damage.

Turnovers will cost you a lot and are a pain. 10% of my tenants fall behind and I work with them.

I can tell you Hard Money industry is doing just fine, especially now as rates fall. 

That has been talked about forever.While I mention that I would agree Springfield, west Alexandria and Annandale are ripe for a huge boom as on the Virginia side it’s the one area that does not have great metro access so the cost of housing is considerably less than abutting downtown Alexandria / Alexandria-FFX county and falls church.

I made some mistakes in the past with overspending on my remodeling efforts, what would you suggest as a fair cost for remodeling (duplex property), at first was going to do window replacement but had to quickly rethink that as I do not want to fall back into doing too much too soon with little to no ROI.