Thanks for shedding light on how others operate and what is accepted as the new normal.

The landscaping is underway.

Same exact tactics and scam, just under a different name after their 'business model' came to light to myself and hundreds of others.

Required again as of 12/23/24 Appeals Court:"In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN.

I do not individually allocate for the small items but the maintenance/cap ex worksheet contained the reasonable costly stuff like you mentioned then had an entry for all of the small items (bathroom lights in some of my locations do not last 10 years). 

Today I got a certified letter stating a lien has been placed on the property by the landscaping company they hired but have not paid.

You fail to the systems in place, keep strong standards and the failure rate is light.

Broken glass lantern by the pool, smoke detector hanging in hallway, broken ceiling light in the bedroom, face plates missing or missing screws.

I guess I will take a step back for now and evaluate the MFU investing landscape for now. 

Since our residents are traveling "light" to a furnished property, their coverage only costs a few bucks per month.