Things like your vacations, entertainment, toys, food, clothes, housekeeping, pets, guns etc.

The Market Context:The area I’m working in is not a large metro but a poorer region where issues like food insecurity affect 14–20% of the population.

Wood Floors not sealed, tile not properly installed and grouted, cheap flat paint that the tenants can't wipe finger prints or food splashes off, countertops not caulked so water gets behind causing water damages, the cabinets were painted over not replaced the list goes on and on.

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

I am preparing for a few years down the road when my kids are in/through college. 

If there are clear signs of negligence (kid throws down, paper towels, food, fats) then you can get the invoice from the plumber with the notes and present it to them. 

Are you prepared to do that? 

This doesn't just stem in SFR, this stems in fast food chains, logistics chains, trade shops, infrastructure RE, energy trades.

Alternatively you may decide not to address the capex but be prepared to deal with high frequency maintenance requests with duct tape repairs. 

While the numbers they provide might make sense under specific conditions, it’s always a good idea to apply a more conservative approach to ensure you’re prepared for the unexpected.For vacancy, the tenancy averages they’ve shared (3.8 years for C class and 6+ years for B- class) aren’t out of the realm of possibility, but I’d treat them with caution.