I encourage my tenants to actively report everything that needs maintenance.  

DSCR lenders tend to go with 1.0 DSCR from what I've seen (and don't even factor in maintenance, management, vacancy, etc. for some reason), but they also tend to be more expensive. 

- **Property management**: If you plan to hold the property long-term, it may be worth hiring a property manager to handle maintenance, rent collection, and tenant issues, especially since you’re out of state.### 4.

Paint, floors, bathrooms, general maintenance, landscaping What was the outcome?

We are responsible for all of the maintenance of the building, and they take care of custodial.

Hire a property manager.If you choose to self-manage, be prepared to handle tenant comms, maintenance requests, and rent collection.

Then you have a state representative coming in and checking on the condition of the property routinely so it’s much easier to stay up on repairs.

Paint, floors, bathrooms, general maintenance, landscaping What was the outcome?

OVERALL QUESTIONSI’m wondering if there are any “gotchas” I should look out for in managing or renting either of these properties, especially regarding taxes, maintenance, or any other unexpected costs.

Pergo is known for its durability and ease of installation, which could give you a clean finish and reduce maintenance costs in the long run.It's wise to consider all these factors as you make your decisions.