@Marques Johnson - You would have to check but I do not believe they would be warrantable because they are not owner occupied.

They have done nothing to warrant a reward by simply doing what they have contracted to do.

I don't have enough units to keep a cleaner busy and I've never felt that it's a service that warrants me spending too much time.

You just need to tell them it is a NON WARRANTABLE project... and they will be very similarly priced to FNMA rates....under 4.5% 30 year fixed.Make those calls to local Savings and Loans and Federal Credit Unions....in your town.Warrantable Condominium Definition: A warrantable condominium is a condominium that meetsstandard Agency guidelines and is therefore eligible for delivery to FNMA and FHLMC.

Cut my loss on the washer, get a new one and use the working washer coin slots to bump up the dryer price until it breaks and warrants replacement? 

If rents are growing, a small increase may be warranted.

@Lauren B. the only way I could imagine you (as you describe your situation and investing approach) might be leaving money on the table is if all of the following were true:There is a rental property you can buy in an Opportunity ZoneYou can buy it with capital gains (eg. you sell an appreciated asset, then use the cash to buy the property)You then invest additional cash from capital gains into the property at least equal to the prior building value (this is a BIG hurdle - multifamily residential buildings don't warrant this level of rehab investment)You plan to hold and operate the property for 10+ yearsYou do all of the above under the umbrella of a Qualified Opportunity Zone Fund, which you setup and manage (with the help of a qualified attorney and CPA)As you are discovering, making all of these things true is not really feasible for you.

@Joseph NovickyYou would have to go with a portfolio lender that allows non-warrantable condos.FHA and conventional products will not allow financing on these types of condos.

If the incoming tenant wants the shelving, I would prepare a liability waiver of sorts that basically states "the shelving was not installed by the owner and therefore is not warranted.

Only use a "rule" for preliminary underwriting, to weed out deals and determine if further underwriting is warranted.