There is a utility sink there and a laundry folding shelf, so this little room is a place I can go to wash my hands or sign contractor paperwork when I am at the property.Cons: In our rental market prospective tenants like to have w/d in the unit or at least w/d hookups, so it reduces the pool of interested prospective tenants.

I'm not sure he appreciated that :-) , but it is what it is.My last piece of advice is 3-fold, but completely interrelated.  

I didn't attend his "All-In or Fold" seminar in 2011, but already knew his conclusion.

So we are no Greece in terms of productivity and potential, and that is what is keeping us going.I do not see the dollar folding in the short term, but in the long term all that matters is the long term, and I am betting on significant devaluation of the dollar for the next 10 years or so at a minimum.Bryan-"All of the arguments about buying gold and the other nonsense will not help one bit if there is HYPERinflation."

Bi Fold Closet Door Broken – $70 Removed from track and missing hardwareGarage Shop Light Fixtures (3) Broken – $92Main Bath Exhaust Fan - $45Broken drawer front on wet bar - $35Broken drawer track and broken drawer front kitchen north wall - $55 This had been apparently pulled by the drawer face which separated the drawer at the corner as well as the face.Broken blinds in living room both east windows – $22Broken and missing blinds F/R sliding door window - $38Front Yard Landscape - $130 Trim overgrown evergreens and bushes, remove extensive goatheads which are not part of the rock front yard.Back Patio Clean Up - $25 Missing roof shingle replacement - $40 Replacement shingles were available in the garage.Back Yard Dog Clean Up – $120 Remove dog feces throughout the back yard including excessive amounts under the trees to the south of the property.

He has yet to replace a furnace or roof.This is the standard argument when it comes to capex costs -- if you sell it before you do the work, it's a loophole...My typical response to that is two-fold:1. 

The "trick" is two fold: 1) your letter has to stand out and attract attention somehow; and 2) your message has to reach them at the live-changing moment (e.g., divorce, death, bankruptcy, etc.).

Will double-down on my efforts to get someone more reasonable back in the fold.

You need to know when to hold them and fold them, and this case it's time to cut your losses.

The reason was two-fold; it met our current needs as well as would keep us from paying capital gains tax.