For $69 monthly plus $99 deductible per repair call, and they’ll pay you $500 to pay towards any piece of appliance they can’t fix.For the $69 monthly, they cover every appliance in the house including all fixtures, HVAC system with 2 complimentary checks during spring/autumn seasons, garage doors/motors, and electrical systems, etc.Now I know there are people with horror stories but for us personally, they’ve replaced our oven, fixed our fridge and deep freezers, electrical system, and have already taken advantage of their HVAC checkup.Would this be something of an added protection for our properties moving forward and maybe roll it onto the rent?

One waited until Saturday of Labor Day weekend to tell me that their fridge didn't seem to be keeping things cool enough and they had a party on Monday so they had to have it fixed now.  

I would NOT get an ice maker as the chance of the tenant moving the fridge and breaking the water connection is pretty good.

Consider how baffling this will be to your accountant, logistics for managing maintenance and repairs without you there, how you will market and find crashers, do you want long or short term, what kind of turnover rate is acceptable, how this will work if you're renting other rooms, if this is something your lease/HOA allows (if applicable), who's going to change the sheets and clean, what about common area/kitchen/fridge/bath rules, how will you handle damages and deposits, what about squatters...I could go on and on.  

I would typically think that a stove and dishwasher are standard but a fridge or washer and dryer would be extras.I currently supply the fridge as well but am considering not doing that moving forward.

REHAB BUDGET and SCOPE OF WORK : $90K ( built into loan) $30K for each Gutted unit$5K per existing unit x6 = $30K TOTAL Spend was $100K $4500 for Foundation issues, landscaping, etc 2 gutted units: new electric- 200 amp upgrade Blown insulation for attic ( r38)new sub floorNew insulation throughout New sheet rock ( 5/8 fire wall for exterior living room walls, kitchen and in stair well) New 6 panel doors throughout with all new satin nickel hardware New 6 panel Steel Front and Rear Entry Doors New plumbingNew HVAC system( all electric got rid of gas) New ThermostatNew lights New Hot water heater New kitchen layout ( removed half wall to open up to living room, built alcove for fridge to increase floor plan) New white shaker cabinets with hardware, countertops , fridge, stove, range hoodNew LVP throughout New Carpet in bedroomsNew bathrooms ( vanity, tub, enamel over steel tubs, tiled surround, vent fans, vanity lights, faucets, low flow toilets, shower heads, and actuators) Added 1 new window in each kitchenOther units: ( completed in 409 B and 407 D ) other units will be rehabbed once tenants move out New LVP in LR, BR, Kitchen and hallwayNew Carpet in BedroomsNew six panel doors/ hardwareGlazed existing tub/tileNew shower hardware Low flow water options ( toilets, shower heads, actuators throughout) New water heaters ( 407 D) Replaced AC 409 A ( it was 28 years old) New Fridge 409ANew Fridge 407CNew Stove 407 A Painted stairwells ( versatile grey) had attractive/durable commercial grade carpet installed on stairsInstalled new lights in stair well and motion sensors in 409 Installed Motion Sensor Flood lights on all the cornersInstalled Video Cameras on problem areasHad Duke Energy replace old lights with brighter LED on two poles Installed keypad entrance for both exterior stairwell entrances Cleaned/ repaired other AC units Fixed any issues with plumbing as neededFixed any issues with existing water heaters Installed new black shutters on both building Implemented quarterly Pest Protection Installed raised landscaped beds for 407 ( parking lot facing) Installed new Numbers for both buildingsPainted all exterior doors black installed new hardwarePainted central mailbox black We are still actively repositioning this property and will have another two tenants moving out end of this month ( September) but the property has generated enough profit from the other units at the increased rental rate that the business will be paying for these upcoming turns.

REHAB BUDGET and SCOPE OF WORK : $90K ( built into loan) $30K for each Gutted unit$5K per existing unit x6 = $30K TOTAL Spend was $100K $4500 for Foundation issues, landscaping, etc 2 gutted units: new electric- 200 amp upgrade Blown insulation for attic ( r38)new sub floorNew insulation throughout New sheet rock ( 5/8 fire wall for exterior living room walls, kitchen and in stair well) New 6 panel doors throughout with all new satin nickel hardware New 6 panel Steel Front and Rear Entry Doors New plumbingNew HVAC system( all electric got rid of gas) New ThermostatNew lights New Hot water heater New kitchen layout ( removed half wall to open up to living room, built alcove for fridge to increase floor plan) New white shaker cabinets with hardware, countertops , fridge, stove, range hoodNew LVP throughout New Carpet in bedroomsNew bathrooms ( vanity, tub, enamel over steel tubs, tiled surround, vent fans, vanity lights, faucets, low flow toilets, shower heads, and actuators) Added 1 new window in each kitchenOther units: ( completed in 409 B and 407 D ) other units will be rehabbed once tenants move out New LVP in LR, BR, Kitchen and hallwayNew Carpet in BedroomsNew six panel doors/ hardwareGlazed existing tub/tileNew shower hardware Low flow water options ( toilets, shower heads, actuators throughout) New water heaters ( 407 D) Replaced AC 409 A ( it was 28 years old) New Fridge 409ANew Fridge 407CNew Stove 407 A Painted stairwells ( versatile grey) had attractive/durable commercial grade carpet installed on stairsInstalled new lights in stair well and motion sensors in 409 Installed Motion Sensor Flood lights on all the cornersInstalled Video Cameras on problem areasHad Duke Energy replace old lights with brighter LED on two poles Installed keypad entrance for both exterior stairwell entrances Cleaned/ repaired other AC units Fixed any issues with plumbing as neededFixed any issues with existing water heaters Installed new black shutters on both building Implemented quarterly Pest Protection Installed raised landscaped beds for 407 ( parking lot facing) Installed new Numbers for both buildingsPainted all exterior doors black installed new hardwarePainted central mailbox black We are still actively repositioning this property and will have another two tenants moving out end of this month ( September) but the property has generated enough profit from the other units at the increased rental rate that the business will be paying for these upcoming turns.

Hi Eric,Maybe bootstrap the construction costs and build one house and live in it while building it, then sell it and build another.Live rough for while, a microwave, a grill, a hotplate, a hose, a min-fridge, a mini-hot water heater and a portable heater.Good Luck!

I can get brand new stove and fridges for about $1200.  

Before leaving we spent half day properly cleaning kitchen, fridge, bathrooms, bedrooms and living room.