If tenant abuses them, they pay for the replacement.If you don't put anything up, Tenants will hang blankets, sheets, football banners, political signs, or some other thing that looks like crap and they'll probably damage the walls.

I plan to float it for a a short time, as we all know rates are going to move up, and then locking in once I've saved some cash from the lower interest-only payments.

Use that time to get your inspection, double and triple check your numbers and maybe even float an ad or two on Craigslist for rent to see if their is interest in your areaPersonally, I buy  HUD homes that may be as far away 6-7 hours from my house. 

Plenty of 5/1 arm products out there that just float on the libor after 5 years, amortized over 30.

Wallboard inspection - before tape and float, a 3rd party wallboard inspection is required.

I used the deal analysis spreadsheet floating around BP and I should net $100 a month after all expenses and reserves for capital expenditures (monthly repairs, property manager, etc.)  

I asked the contractor if he thought he could float the floor, or if he'd need to install a new slab during the initial walk - he didn't have an answer at the time, but he has since mentioned it needed to be leveled.  

Hope that helps -john Sorry John, but with all the uncertainty about Dodd-Frank floating around I would strongly advise against doing rent credits of any kind.

Lots of ideas floating around here.Welcome!

Just replaced a pump and float on a property and it ran me $550.