Some redecorated, added beautiful crown molding, and repaired the house in various ways.

We asked for a preferred 60 day notice and had a "redecorating fee" added to the security deposit agreement that if they vacated earlier than 6 months, that fee (200.00) would be forfeited from their damage security deposit.

Most institutional sellers, especially one that is experiencing receivership is going to usually keep control over deed redecoration.

After redecorating and refinishing most of my Logan Square, Chicago condo over the last 2.5 years (and hitting the market at the PERFECT time)- we were able to sell for 140% of our original purchase price, and will pocket over $85k.

The home is in very nice condition and there would be no big rehab costs or repairs that we are currently aware of though we have some cash set aside for redecorating for the VRBO.The idea is to put 1/2 down and mortgage the rest on a 15yr note.  

One at a time you move into each one and live there until it's time to redecorate and then you move into the next one instead and take the tax free opportunities of sec 121 on your sale (again there's some limitations on the exemption because of the 1031 but still tax free benefit available.e.

This policy is in effect desire to mitigate (i) the irritation and known health effects of secondhand smoke; (ii) the increased maintenance, cleaning, and redecorating costs from smoking; and (iii) the increased risk of fire from smoking.

I run it now and all month to month, I guarantee rent rate for 12 months.. and charge redecorating fee if they move out earlier than 6 months of $250.00. 

Over time, however, you get past just needing to redecorate, and find that you need to do capital improvements.

I do a redecorating fee if they stay less than 6 months.. and usually my tenants stay average 2 - 3 years.Look up landlord tenant laws for your state and get familiar with statutes.