I used to use the $5 corded ones too, even though my lease says that window treatments are by the tenants. 

Couldn't find much so want to understand what it means when buying RE.Also, what are the tax treatment differences between each.Thanks,Gaurav

People respond better to positive treatment.

Some overhead payments(real estate taxes, mortgage interest, depreciation, repairs) are considered personal expenses and potentially itemized while others are business rental expenses.You should consult with your accountant on treatment.

Aside from that, the tax treatment is largely the same. 

Property that qualifies for 1031 treatment is property you purchased with the intent of holding for productive investment use (not fix n flip). 

He inspected the unit and performed a liquid treatment 3 times - he would treat it, then come back a few weeks later to treat again, and then again.

I’m a police officer out here as well so I see a lot of things first hand- there are some neighborhoods in Brooklyn (SI too) that are riddled with so much crime, drugs and violence that I wouldn’t take a house in even if it was free. 

I know taxes outside of retirement accounts for REITs can be a bit complicated, but I think the tax treatment is the big difference as far as I can tell. 

Could you imagine if just a few small tenants had to pay the expenses of the then empty drug store and a supermarket?