I usually recommend clients a pretty easy cosmetic rehab which is refinish floors, replace cabinets with modern white ones, add a white stone, new appliances, new bathroom vanity/mirror/light fixture and add in unit laundry. 

We had one where they wanted us to pay for the majority of the costs to replace 1 mile of sewer back to a larger main.  

I always check 1sale.com when I need something like a replacement TV. 

Most municipalities have different mix-use categories which dictate the precise commercial use that's allowed.A few additional observations on mix-use assets and how I approach them (1) they are generally more difficult to finance than multi-family assets so expect lower leverage terms even if the property performs just as well if not better than a multi-family property and therefore price this into your acquisition (2) I focus on mix-use assets where at least 80% of the income is generated through the residential component.

If they come and say that your front patio is cracked and needs replaced and that costs $3k.

They replaced the locks, shoveled the driveway, took photos, and are listing it today.

One large component of their business model is to acquire distressed mortgage debt then foreclose and resell the property as REO on the open market.Due to moratoriums on both foreclosures and evictions, as I understand it, AHP is essentially experiencing a log jam on the back end of their exit cycle to recover investor capital and profit.

The only reason to do a cashout refi is to replace expensive debt with cheaper debt or use the money to purchase more investments that make more money than the cashout refis debt service payments.

If the location is an A but the tenant paying higher rent was a B or a C then replacing the location with an A tenant at slightly less rent in some cases you can actually increase the value.Example if you had an (A) location QSR but tenant was Burger King franchisee and they went out the Burger King might sell at 7 cap.

I use Executive Villas and they just charged me $500 to repair some table legs and replace the batteries on a remote.