No improvements have been made, but nothing has deteriorated either.

As others have said, the best thing your son can do is run far from this deal, buckle down, save his pennies (he probably already is doing this), house-hack, and improve a property with sweat, hard work, developing a DIY skillset, and self-managing tenants. 

The binary choice was not a good one, but I wouldn't anticipate some remarkable improvement of fiscal responsibility or operational efficiency in this second act.Before I post, remember all - you can talk policy but not denigration of parties/personalities.I think your points are well stated.

If the fence is shared and in bad shape, framing it as a mutual improvement could help.

Clear opportunity for improvement How did you find this deal and how did you negotiate it?

Despite only renting for two months, this tenant's aggressive behavior is creating a hostile living environment for other residents.Specific Issues:He complains about our lack of notice when entering the property during our own move, despite prior notification.He has moved items around the house without permission.His communication has been condescending and confrontational.He installed a surveillance camera in a common area, violating the lease agreement.He banged on the door because he couldn't use the smartlock code properly.Considered Actions:We plan to serve him with a notice to vacate.We are considering having a constable with us when we serve him the notice.Questions:Should we just give him warnings considering that his actions may not improve?

What's his home improvement contractors license?

They may sell in a few years when interest rates drop or keep it longer term as cash flow on the property improves!

When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.

Diversifying your portfolio could reduce risk and improve overall returns.Higher Cash Flow Potential: If you redeploy the equity into markets with higher cash-on-cash returns, you could significantly increase your monthly cash flow.