This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

All of the above and there are many discussions and mathematical gymnastics that are in these forums that prove it works and doesnt work in both ways...consider a first position heloc if you want to utilize velocity banking concepts for mortgage purposes.I got one with CMG mortgage (they call it the All in One Loan) and it put me in positive light. 

There is a company names Hemlane that offers that "light PM" service that may be interesting for you instead of a full blow PM company that may cost 7-10% of revenues.

Long-term wealth is it's superpower, and yes, you have a little cash flow to keep the lights on. 

., lighting, HVAC, or carpeting), they can claim a deduction for the remaining undepreciated value of those items.

I have some lights on what to do, but I would love to know opinions from others!

I had a STR in another market get shut down by zoning, so I put construction workers in there on a 30+day stay over the summer and now have a MTR tenant to keep the lights on through May after which I'll sell since I have no guarantee on having another 30+day contract next summer.

In light of that did the developers wind up getting a pretty decent deal out of this after they took a big risk on a property with crazy restrictive zoning and no clear path forward prior to purchase?

@Aaron Zimmerman and clarify, I am the marketer, my husband designs lighting.

Something that didn’t need a complete overhaul but something that I would do light cosmetic cleanup in a good area.Reason being is that let’s say I bought a 5 unit building for 500k and put $100k down.Let’s assume that building has $100k in annual gross rents.