This may not help now, but for future reference, I know landlords who will provide appliances and in writing inform the tenant that the appliances are simply for their convenience, and that THE TENANT is responsible for maintaining the appliance.

Althought ready-to-use calculators are convenient, I like to understand where the numbers are coming from and where they are going.Best,Marcelo

Have you ever tackled a flip that took a surprising turn?

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I had accounted for this in my business plan, so no surprises there.

The RTC was a federal agency created in 1989 to resolve the Savings and Loan Crisis of the 1980s, which resulted in approximately one-third of all US savings and loans failing.Armed with just enough information to be a danger to myself, I made an offer and much to my surprise it was accepted.

And that nightmare of an impossible deal that a clueless builder put together became my entire foundation for everything to come because after turning that lump of poo into the diamond, that bought me a $ HM Lender who gave me dedicated funding for anything and everything I requested with a simple phone call, underwriting to follow when convenient. 

When I challenged his assertion, he indicated he was referring to more than 4 units but this was conveniently left out of his initial post. 

I have no idea how much your place rents for, but it wouldn't surprise me if a couple hundred dollars is a lot of money for your tenants and a rounding error for you.

Surprisingly, this decision has led to building an Arbitrage business generating much more cash flow than I had imagined.