Don't cut your renters any breaks on any items. 

It tracks rent payments, expense categories, mortgage interest, and more in one place.I’ve found it really cuts down on prep time.

It's very easy to keep it all straight.

We could cut things and not rely on it, but it would be a little uncomfortable.

dont over think this its not that complicated. important issues are.1. cost of capital2. knowing what a deal is or is not.3. good reno crew or contractor  4. good agent that will tell you straight what its worth when done and what level you should rehab to.5. a market that is actually moving napkin math works  trying to drill down to decimal points does not.

I recently toured a property in Phoenix where solar power and water-saving features cut operational costs by nearly 20%.6.

Then my firm cuts me my share in a commission check that I may get 4 days after that. 

Quote from @Christian Pichardo: Quote from @Caleb Brown: Should you cut your losses and move on?

First step is always to cut the water source and fix the leak asap.

I've wondered that myself and thought: If an investor was looking for birddogs why would the birddog have to pay the investor money before they began securing leads for the investor, that the investor would then in turn give the birddog an investor's cut on the profit end???