i just know it's not the brand new investors who have zero reserves, and can ONLY afford something if they finance using a HELOC as a down payment. 

(I assume he owned a convenience store or something)  for $7,000. 

When taxes really bother you, you sometimes push your common sense and reservations aside and sign up for things against your better judgment.

Do you believe that reviews are the main pillar for securing more reservations for a property that is already listed?

That's why we reserve CAPEX.

Kinda like a slotting fee in a grocery store?

For the 10 year period spanning August 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.5%.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve is predicted to cut rates as many as three times before the end of 2024 (see here).

They say that the money raised will go toward reserves. 

You will need significant liquid funds though for down payment, closing costs, and reserves. 

For curtain rods, charge him replacement costs; for curtains, go to a thrift store and see if you can find some that work and charge him depreciated value.