See, these are all existing mechanisms ready for use to affect more supply, lowered prices for tenants, time tested over decades of use for most.

@Matiullah QuraishiSpeed Queen has led the way for years and still offers laundry machines with mechanical timers and switches.

Rent control for Saint Paul passed with a 3% cap on annual rent increases and no mechanism for adjustments based on improvements or resetting to market rates between tenants.

We don't go to every routine plumbing call or no heat call at this point, but we keep detailed notes of how the mechanicals work at each building so that we can trouble shoot virtually. 

Something that hasn’t been mentioned yet is the concept of a construction lien (i.e mechanics lien) being placed on the property by the GC, or sub-contractor or materialman involved in the project.

Revealing that a $70K house doesn't have new mechanicals is no surprise to anyone with experience.6.

If payment for subcontractors was included in a draw given to the contractor, how do you know the subcontractors were paid so that they do not file for a mechanics lien?

Surface renovations, with no mechanical updates or major issues will cost me 50k minimum.Now that 2% will often be stale MLS listings, that I feel I can get significantly below current list price.  

My HVAC/plumbing contractor said the mechanicals were sound.I'm not very handy.  

This number could be more than double depending on how much work needs to be done with the mechanicals.