I would think that idea would be a crucial part of the evaluation.

Quote from @Brent Thomas:@Adam Reilly I would assume you are civil engineer based on this last response.

This is because there is a greater likelihood I become personally responsible for making payments on the $80K loan

HUD has been more responsive than the people supposedly representing me at Chase.

Great post and many of the responses are valuable here. 

Therefore, it is common for LL to be responsible for heat and water, which can get very pricy in cold months, but the cost to change out boiler is nearly impossible to justify.  

If a blind gets damaged, they are likely responsible for the damage.

I am putting in place what I determine to be responsible tenants that want to be home owners in the future.   

In contrast, private lenders focus more on the value of the asset, offering faster, more flexible loans for projects like fix-and-flips or rentals, which can be crucial in time-sensitive deals.It really boils down to your priorities and preferences.

Not only will this help reduce unexpected costs but tenants often take care of their property better when they are responsible for the repair costs.