This has all worked so far and will become more important as the rental market softens in certain markets.

I think if rates continue to climb prices will soften, but if your strategy is buy and hold it wont matter as LA rents will not dip. 

I don't see many deals like that in GNO right now (though I have seen things softening some).

Personally installed tankless water heater, water softener and high efficiency HVAC system.

You can soften the burden by giving them paid cash jobs here or there but other then that, believe in them to be strong as they have been and to get through it. if they really can’t get that $$ Discuss letting them out of the lease early to ease both your financial burden and so you can get a tenant you won’t lose sleep over.

The housing market has soften here, but it is still more than what I would like.  

I concur with Chrstine's approach... you could also 'soften up' the end of it by closing it with something like, "...while we don't have any available units at this time, I would recommend checking with <the name of a couple of big rental agencies in your town>.  

Installing new water filtration system along with water softener (house is on well water).

.- 1 out of 7 downtown units come with the concession of one-month free rent- Average apartment and privately owned rental rates have decreased the 3rd Quarterhttps://www.financialsamurai.com/time-to-start-worrying-about-the-housing-market-again/I think this whole article is interesting but here's a quote anyways"Things To Know Before Buying Property Now1) Rents have softened from peak levels in many of the most expensive cities.

That's the term, woodpecker trees. so the presence of any rotting or softened or insect infested wood will attract them.