Don't skimp...They need to look professional and your list needs to be good.

Also, from an aesthetics point of view... lots of room around your refrigerator looks like you have skimped on the fridge and may leave a bad impression on your prospective tenants!

The problem is, when the potential buyer sees that you skimped on something (refurbishing cabinets instead of installing new, for example), they will wonder what else you skimped on.

Know what you are "inheriting" to better give you an idea of what you may or may not have to fix, demo, or get a permit for.Insurance - do not skimp on insurance to save a buck and make sure you get the right kind of insurance.

If this is not purely an investment for profit, and you will be using the property frequently, make sure you don't skimp on your PM.

Skimping on insurance wasn't smart, but I wonder if there isn't more to this story that we don't know about?

If you're skimping on the commission, she's going to skimp on the service. 

Increase Units Attractiveness Better signagenice landscaping (s/b commensurate w/ standards for class of property)Don't skimp on deferred maintenanceExtra Income Pet rentLease extra land for cell phone towerLease clubhouse for partiesFully furnish an extra unit or two for ST rentals (i.e. guests of residents, corp. rentals, etc.)Reduce Expenses Aggressively contest tax valuationsReview electricity marketplace as contract termination dates approachDON'T skimp on staff - it's worth paying for a great team.

Don't skimp on important structural issues, not much of an issue for you in a th/condo.

Remember, liability coverage is relatively cheap and its your best friend, don't skimp on this coverage.