They just piled up weird things like huge stacks of newspapers, empty (rinsed) milk jugs, books - stuff like that. 

Called the metal recycler and he hauled it away.

So basically, I just kept recycling the same money over and over, with an emphasis of buying undervalued properties, that I could pull more equity out after each refi. 

Counter tops in the kitchen are typically laminate though we recently found a source for counter tops made of recycled glass and wood/paper which we are testing in a unit {with our student units we have begun incorporating more sustainable finish materials and have found it to be well received}.Finishes aside, all of our student properties come with complementary Internet (Fibre-Op) and non coin-op laundry.

I started a waste and recycling equipment repair company and have been traveling the country maintaining shredding equipment.

I have been back since 1990 so I have seen 3 or 4 RE cycles in that time.  

Seriously though he is trying to milk you.

But for right now, I don't need the money recycled just yet.

I've done several turnkey flips in that area- With $82K you may not even have to refinance with debt-  just recycle the cash you have available. 

So you end up waiting forever for parts and they milk AHS for labor because they have no other work.I would simply put 2-3% of the property's value aside in repair/capex and not waste your money on sub-par service and workmanship.