I am typically looking at larger more expensive items.What I have typically done is once I am officially owner of the property, I will ask each tenant to name me 1-2 items that need to get repaired/fixed/remedied right off the bat.

If I say I will pat a bird dog for properties I purchase, I do.  

(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.

They can provide steady rental income and tend to be easier to manage than larger complexes.Management: Since real estate investing can require hands-on management, think about whether you want to manage the property yourself or hire a property management company.

Probably not good for something that grosses $30k but will provide outsized value on larger bookings. 

We are focused on the ARC CURVE as I call it.This is where for investment grade credit tenant we are trying to time cap rate uptick on larger priced properties with good term left say 10 years plus primary term.

Most of our sites are a little bit larger - 50 unit to 300 unit apartment-style or townhome-style developments. 

I am looking to invest in apartments and rolling my 'dead equity' in something larger (apartments).

If you’re planning to scale you can look into larger ERPs like Buildium or Yardi.  

My 8 unit has come with a larger learning curve because it was horribly mismanaged and a total value add.