Repairs are typically considered as maintenance that keeps your property in good working condition, while improvements add value to the property, prolong its life, or adapt it to new uses.

So we are on the same page, my definition of a dependable passive income is below.Inflation Adapting - Your rental income increases faster than inflation, so you have the additional dollars you need to maintain the same lifestyle.Income Reliability - You continuously receive income with minimal interruptions in good and bad economic times.I could go into details, but here I will only mention inflation adapting.Inflation AdaptingInflation continuously erodes the buying power of the dollar.

Being adaptable is important. 

If things change over a hold period just adapt.

New technology can be adapted very quickly when there are regulatory changes that's accepting the new reality, for example, the acceptance of GPS to be used by everyone between 2005-2010 this help google maps,yelp,apple maps a lot ... so we can track business in real-time ; the acceptance of local gov. to accept digital signature, so yes Docusign is extremely useful.

Stay focused on your goals, keep learning, adapt to challenges, and your chances of success will far exceed any statistical prediction.As Winston Churchill once said, "Success is not final, failure is not fatal: It is the courage to continue that counts."

The ones that last, adapt and pivot to the market and the demand.

They have an interesting new way to approach website building that's taking me some effort to adapt to. 

The hard part about REI is adapting to the curveballs.There are lots of ways to have success in real estate and the right way isn't necessarily the one that works out best mathematically. 

Their intimate knowledge of the local market often translates into more adaptable lending practices, particularly within their geographical domain.