And then there is always this basic metric, if you want to come up with a ballpark:  $10/ft for light renovation, $20/ft for medium renovation, and $30/ft for heavy renovation - not a totally precise way of figuring the repair amount, but a good back-of-the-napkin method.

If this is a short/medium hold it may not be worth the refi at all.

Current cleaner is small/medium in size and although I haven't had any disastrous experiences, there are recurring complaints from guests that need to be corrected.

(*The Motley Fool; “Million Acres” article: “The Pros and Cons of Wholesaling Real Estate”, updated June 11, 2021.)Get educated through Bigger Pockets, your local REIA or other reputable real estate mediums. 

I'm all for helping people when they need help and for trying to keep good tenants, but at the same time most of us operate our properties for what they are, which is a business; but I think there is a happy medium that can be met between you and your wife.

@Adrienne Binder That is great that you have been working on the education piece through reading and other mediums.

@Brandon P. the Quad Cities is a great market for small and medium sized multi families, particularly in Davenport on the Iowa side of the river. 

You also see evidence in that everyone knew/knows it would be short/medium term by looking at the training of the baristas-turned-loan-originators that now dominate the call center places, in many cases they weren't even taught how to read a purchase contract (ask your Realtor, they can attest to this :), the idea (implicitly) being that this batch of new LOs is just going to be fired once rates go up, they're just being hired for refis, no reason to teach them how to read a purchase contract or that deadlines matter.

Many large to medium institutional lenders are that way because its more of a "factory process" for them.Hope that helps. 

Out of the 15 registers at least three of them are having weak airflow ,8 have medium flow and rest seem below at considerably higher than medium.