I don't think it impacts their timely payments as the ones who do just tend to by choice have greater financial stability to begin with and would likely pay on time anyways. 4.

They make the bedroom look larger when showing the unit to potential renters.

Larger homes typically require more extensive and costly updates. 

The larger the spread between the cap rate and the cost of debt, the more leverage I'd use while keeping an eye on overall risk balance.  

They can also assist newbie tenants with build out.Always be advertising these units as they do have more frequent turnover than I realized.Collect larger deposits. 

You should compensate them for the total impact of your choice not just the hard costs.

For a full gut rehab, 203k and Homestyle/Choice Renovation are out of the picture if you're wanting to do the work yourself.

When you're feeling burnt out - it's definitely not a bad choice to try something a bit different. 

That could possibly be another choice, not sure what the rates are going right now, but essential you would have a line of credit for 10 yrs and still able to keep your home.

Looking at the photos, those surfaces are totally serviceable and any change would be cosmetic in nature.I would let the tenant know that small cosmetic changes like decorations are fine, but larger or not-easily-reversible ones like painting a driveway need owner approval and would be at tenant cost.