We got a call at about 6 pm from these tenants and according to them there was a thief and their doors are broken and not in working condition, luckily nothing disappeared from  their apartment, and they need our immediate action to fix a door. 

I try not to fix things that aren't broken!

I have to constantly deny urges to upgrade sports cars for the sake of wealth, but the 997T is very tempting.

Realistically one vacant unit per year could eat up $3000 in paint, carpet and other upgrades.

I could use a half a million to upgrade them to get better tenants, but it will be a while before I am comfortable for that. 

I would plan to pay for majority of upgrades with a line of credit.I have a few additional reasons beyond monthly cash savings to sub-meter the electric: 1) There is one thermostat in the house, controlled only by tenants in the largest unit.

We're seeing new 3700ft builds out in the the south end of UT county on .2 acres, 1850 ft finished for a base price of 375k - that's before you upgrade to an ounce of tile or granite.

I have spent lots of my own money upgrading and maintaining his home.

Things like roofs or structural or things that make it livable....like missing toilets, missing heat, broken windows....sometimes flooring.   

We knew we would make a good chunk of money off selling our first home, therefore we wanted to put that profit towards upgrading some things on our new house (metal roof, hardy siding, etc.)