At the end you have nothing for your expenditure.

I do not want to spend the time and have headaches with tenants with low income or properties that will deteriorate faster (maintenance, cap expenditures, plus chances of eviction).   

Those still out there are looking for good deals.The Federal and State expenditures to combat this virus is going to be extensive. 

Look for nice, updated homes that arent going to have any capital expenditures in the near future.

I doubt they care at all as long as you make the payments, but it is in the terms, so there is at least some risk of an issue if you violate them.What gets me is that they are just fine letting you use the money for frivolous expenditures and non-assets that are guaranteed to not turn a profit.

It sounds like that kind of expenditure may be beyond your reach.

(Purchase price+Capitalized expenditures-depreciation taken).

I live up north and can drice by your property if needed, this is crazy.Secondly, you should have a provision in your contract that mandates they get approval before any expenditure over X$.I don’t know the other side of the story, but based on your comments, you have been had.

They produce the same anaerobic response as lifting weights, thus enabling burning calories throughout the day.To conclude, I believe in diet and exercise to support you physically and mentally which in turn will help your work performance.  

If you can't book on any appreciation to offset CapX expenditures the true cost ends up being a huge hit to cash flow and can bust the deal.