If your potential renter is not clean and can't maintain the common areas well they are not a good fit for co-living.

And don't underestimate the power of a strong first impression – a well-maintained exterior with a fresh paint job is key.Just remember, even with the best upgrades, color choices matter.

I'm also here to give my knowledge to others from my experience as a landlord and maintaining and improving homes.Thanks a lot and Happy Holidays!

To mitigate this, investors focused on equity typically maintain a CapEx reserve fund or factor in their personal finances to cover these costs, ensuring they don’t face financial strain.

@Chris Johansen There’s a few action items you should take care of to protect yourself from construction related liability.1.The Builder should maintain commercial general liability and professional liability insurance 2.

I also find that depending on the tenant, my one Airbnb property has less wear and tear because it's constantly cleaned and maintained versus my other rentals where the families living there settle in and accumulate stuff - which makes it hard to deep clean regularly (to my liking) as well as just the constant daily wear and tear from kids etc. 

Without complete financials up to that point, extra work (and headache) will be required to get everything straight after years of failure to keep complete financials.There also might be an asset protection wrinkle by not maintaining complete books for an LLC, but I won't comment on that as I'm not an attorney.

Many investors aim to jump straight into turnkey properties or multifamily deals to scale quickly, but the truth is that most people don’t have enough liquid capital to maintain consistent growth this way.

I personally own/live in a historic home and I can promise you this: it will cost you more - a lot more - to renovate and maintain the property. 

While the lease will most likely include maintaining the units themselves, these organizations are not going to manage it anywhere close to what you could and should do.