Inspections, renovations and touch-ups, and then cleanings to get the property ready for the next group.Student Housing ChallengesYearly Turnover - Every year you have tenant turnover.

I am looking to do some updates and touch ups in basement unit as well.While the house zoning requirements comply with ADU requirements, the basement is not up to ADU standards (ceiling is too low and one entry). 

If you don't apply 2 coats any touch-ups you do in the later years will be noticeable....and I have heard all the painter excuses and "thick coat" arguments. 

if you're just doing a touch-up you're going to be paying near retail.

OTOH, you can get touch up paint for appliances.  

With quality tenants, all that is normally needed is carpet cleaning and paint touch up.

You don't need a licensed contractor to touch up paint or nail holes etc. 

That means they're the first guys in and the last guys out, and therefore I never have to worry about dealing with touch-ups.

I've always had paint touch up required when refinishing floors before paint.I like to do paint after refinishing floors.

:PP: $59,000Closing Costs: $1650Repairs: $5000 (buff floors and touch up paint)Monthly Expenses (including 10% management): $1261Monthly Income: $2450NOI: $17419Pro Froma Cap: 26.8%Cash on Cash ROI: 67.27%MONTHLY CASHFLOW: $1188.52