Many sellers are more uncomfortable and less able to deal with "water damage" "structural problem" "roof leak" etc. than we as investors are and this adds motivation to sell (as it should).  

Be sure to differentiate "normal wear & tear" from damages.If you have a routine for move-outs, all of that is 'normal', eg: cleaning carpets. 

That should  be a 'once in your life due to a family emergency thing,' not a normal routine way to pay rent.

Consider what I saw routinely - a teenage girl has a baby out of wedlock, works part time and gets 1,000 of EIC.

@Joe Splitrock  good catch.having been in the finance side of distressed assets for more than a few decades I see this stuff routinely.. you should see the 5 hoarder houses I bought this year... stuffed to the rafters with stuff stink so bad you need a bunny suit..

Routinely they're referred to as "private lenders" or "portfolio lenders,"  I like to think of them more as specialty lenders. 

I'll take on all routine maintenance, taking that time/money as my expense and not yours.I'm addressing local rules/regs by _____________ (such as if short term <30 day rentals are banned in the area, you focus on >30 day tenant white collar professionals... consultants on 6 month contracts, travelling nurses, gov't workers getting a per diem, etc)All you've got to do Mr Landlord is cash an extra $2400/yr in rent checks and enjoy not having any 2 AM "Hey Mr.

Same goes for air filters that are not routinely replaced. 

I have spent most of my life moving routinely, and plan to do so for the rest of my life.

I'm not aware of any other place in North America where appreciation is tax-advantaged like it is in California, and I routinely read out-of-state horror stories about "30% appreciation = tax bill went up 30%."