That quote will be the basis for any additional damage request. 

With the potential for strong cash flow, appreciation, and inflation protection, real estate remains a powerful addition to any diversified portfolio.What Do You Think?

I also want the seller to sign, just to add its own confirmation to the tenant's statements.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Additionally you can do a cost segregation study and get a lot of depreciation benefits to offset the rental income (and potentially other income).  

Feedback has not suggested property needs additional repairs/work, only that they are looking in a different area.

The decision to do a cost seg generally comes down to whether or not you can actually benefit currently from the additional depreciation.

That's why we require clients to spend a couple days with us in Milwaukee up front, so we can get on the same page and determine an asset quality.Hint: the hood looks much better on a spreadsheet than up close in person.

Additionally, when underwriting deals, you need to account for the general idea that repairs and maintenance will be a larger percentage of your rent, the lower your rental is.  

I’d appreciate any additional suggestions you might have!