Other ways (off the top of my head):- Dedicated Revenue Manager on top of dynamic pricing software- 24/7 guest support- Vendor discounts (i.e. roof replacements, AC repairs, etc)As a new PM I think it is important to highlight where you add value instead of battling on price. 

This money can used by the Landlord to pay their mortgage, set away reserves for structural and roof capital expenditures and most importantly, put money into their pocket.

Old roofs, old boilers, driveways, huge cap ex expenses that need to get taken care of.Read the Psychology of Money by Morgan House.

The mold I think was a result of water leak from an HVAC unit.

Let's say I come across a property  in Atlantic City, NJ with good bones (roof, plumbing, windows, electric, etc..), or even Turnkey!

There are some issues that came up with the property inspection and it needs a new roof, new commercial rtus, and repaving the parking lot.

I also discovered damage to the roof and had to replace that, plus I graded and graveled the driveway and parking area. $24,000 worth of improvements, $20,000 in lost rent. 

Buy something where the rent coming into you is more than the cost of owning it, which will include taxes and insurance, and downtime between renters while the unit is turned, and sometimes roof replacement, etc...

With 3 times of many pipes on the walls, chances of leaks and ruptures multiples by 3.

I am going to be doing an extensive renovation, biggest thing is dorming out the roof to increase the size of the bedrooms.