We refer to this as "swap 'til you drop" tax planning.

Our cleaner lives down the road so she can go by and swap tanks if a renter runs low, but when a tank hits 1/2 full, I pull it and put on a fresh tank then go get it filled.

Tenants can go good and then go bad, property managers can be swapped over the years, but if it's a solid investment, it's a solid investment.

You don't need to repaint every wall in the latest designer colors, swap out granite countertops with all new materials, and replace every appliance with the current top sellers between every tenant.If the tenant left after one year leaving you with nothing more than nominal "wear & tear", you're probably looking at touching up a few walls where they got scuffed (from moving furniture most likely), replacing a light bulb or two, and making some minor repairs.

Though I must say it is easier to just replace it (you can purchase another, replace the one at the rental, bring the one you took off home and clean it yourself, for a later swap of the one you just installed.

I told her if she finds another tenant to swap with her I am ok with that.I can't remove the tree. 

Had an extra toilet so I swapped tanks out and replaced guts at the same time.

I don't see this as being just a simple fix such as a new light or faucet swap.

If the budget allows, you could swap out the top panel of that overhead garage door, with a panel with windows.  

Builder also notes that he had swapped the shower head for a junky version that sprays everywhere but is aimed at the back wall.