Not for any reason, I just didn't think of it... and they had asked for dimensions of the cabinets to replace the fridge anyway. 

The main reasin is for a better clearance of liability. with you editing a signed contract, that has a high Probability of letting a tenant be able to void the contract and it actually happening.

What this means is that if you own 1 or 2 rental properties out of state, you'd only be able to expense an economy flight/reasonable accomodations.

Also, newer wholesalers only see about half of their contracts get dispo'd and closed (sometimes less) because of the reason just mentioned or a lack of Buyers to dispo to. 

One question that you may not want to post here for legal reasons, is how much are you paying your PMC?

There are two main ways to utilize this exemption.

What are your main investment goals: long-term appreciation, cash flow, or something else? 

We have rented the long term unit to family friends for over a year and the bills were always reasonable.

They agreed to pay in accordance to the lease and failure to manage to the lease is the #1 reason why landlords fail (Source: American Apartment Owners Assn).Cowboy up and stop having the tenant control your ROI.Best.

Despite higher interest rate environment, there's reasonable probability inflation will still continue - thus increase hard asset valuation.