Its there to protect YOU from having to have the responsibility of budgeting for repairs.

I can't imagine there is not a better way to do repairs like this.

To my point of view it is the only way I can have good cashflow after the Vacancy rate, Repairs, and Capital expense.

If I sell this property after making minor cosmetic repairs, the gain would be 50-60K.

This house only needed a full paint job,garage door repair and new flooring.

I have multiple STRs so I have a lot of deductions (Insurance, utilities, repair, rent for arbitrage...) 

As you gain experience, you can explore financing options to scale up.One thing many new investors wish they knew: the importance of accurate ARV (After Repair Value) estimates.

Everything appears to have been repaired but now need to find permits, etc. to make sure it was done properly.

And as the buyer (my colleague) is now getting closer to closing it's starting to look like it might be worth just cleaning the place out and doing a very low cost rehab (paint, pressure wash and handyman repairs) for a quick sale.

I guess I am looking for management software because I really want the rent collection but I also love the fact that I can have multiple tenants info, send in repair request ect.