This takes care of collections and filters tenants to a large degree.  

Reason #1:  If you're not careful even a bad lawyer can get it turned into a purchase, with all of the rent credited to the purchase. 

I buy Levolor brand blinds from Lowes, which cuts them to order while you wait. https://www.lowes.com/pd/LEVOLOR-Trim-Go-1-in-Cordless-White...

Cutting to the meat of the situation, I came across a property that looked like a fixer upper, typical investment grade property.

The ones I manage total to 20 bedrooms.These rooms rent for between $125 to $225 per week depending on room size and amenities in the room (beyond basic amenities may include: Desk, Tv, private entry, tenant controlled AC, additional storage).This month after padsplit takes their 14.25% cut of the revenue I am recieving, from the units I own, $15,230 from 3 homes.

For long-term strategies, a cash-out refinance is usually more advantageous, as it preserves ownership and offers fixed terms.To proceed, start with a professional appraisal to confirm the home’s value, compare refinance terms with traditional lenders, and carefully scrutinize shared-equity program terms to ensure they align with your financial goals.

I am just being more careful on the price because I know it will take five months so I want it to be worthwhile if I am going to do something like that.

You appear to be an investor who only cares about their spreadsheet's best possible outcome without any regard for risk.

There are literally thousands of discussions on this topic if you care to research them.

Fix gutters, extend  gutters at least 10 ft haul in dirt around foundation if needed the best soil for a foundation is a heavy clay type  , cut back trees if needed .