They said they also do full repair after it’s all dry up.

You're -$400 a month, but it isn't clear if that included property taxes, insurance and repairs/maintenance or what. 

Again if it was your money wouldn't you want to make sure of the appraisal values, the comps, the repair estimates and know the time things will take to get done?

Go to the nice ones (ARV) and the crap ones (repair costs).

We sent a difficult tenant an update on ceiling leak repair.

No need for him to do any repairs or cleanups.

New carpet and assorted repairs. we are hoping to spend more time in Asia the next two years and i am not impressed w PM here due to high costs and low quality considerations.

Purchase price was $75,000, made $75,000 in renovations/repairs over the years.

Here are the details of the property:- Leased until July 2025: $1400 and $1450 per unit per month- Built: 1930's- Zoned O-2Information in the Rental Report:- Vacancy rate: 5%- Purchase Price: $310,000- Repairs and maintenance: 7%- CapEx: 5%- Property tax: $3,600 per year- Insurance: $2,400 per year- Roof: Broker mentioned it doesn't need immediate attention but will likely need replacement soon (~$15,000).- Cash flow: The report shows a $177 monthly cash flow.- Condition: The house is completely renovated.

To be compliant you dont have to scrape walls or do extensive repairs in most cases.