If you are short on funds 40k is nice to have in a pinch if there is a deal you just don't want to pass amongst other things.

Doesn't matter if it's mildew or a chocolate stain - I will freak out and call it mold.  

Not "poop brown" but "creamy milk chocolate glaze".

I remember when I moved into apartments when I was younger, sometimes I'd find a bottle of wine or chocolates or a cheese basket, and it always made the place feel a little warmer.

When they get into a pinch, they'll sometimes stiff you for a few hundred bucks.

Originally posted by @Kurt Gardner:@Nick StoddardKeep it as simple as possible.OP specified he isn't renting C-D class properties, A & B properties garner their higher rents because of amenities, keeping it simple means you're posting on here all the time wondering why you can't rent it, these properties attract better quality tenants who take care of the properties better also you can and must put in some features to warrant the higher rents.Nick keep the ^^^^ in mind, you dumb down your rentals due to listening to people giving advice from perspectives of properties different than yours and you'll end up shooting yourself in the foot when you have trouble renting it due to your competitors properties offering more the money.Many landlords are cash flow investors, not equity investors, their properties are lower quality, lower quality tenants, lower expectations, lower rents, they step over dollar bills to pick up pennies, having a penny pinching mentality, don't fall into that trap.

How about:Dear Lazy Penny-Pinching Landlord:As you know, our rent includes lawn care.  

Inheriting tenants is like a box of chocolate you never know what your are going to get"  In this case, you at least know you would be getting a tenant who expects their rent to be 33% less than market value.

There are plenty rich people out there who pinch every penny and have no qualms about how they do business.  

We also put out fresh flowers and a high end chocolate bar on each pillow.