The $8k credit was for repairs on the property.

. 🙂 By investing between your ears, I mean only you can really actively study real estate and different techniques that are right for you. 

Quote from @Sean Spagnola: What renovations bring the highest after repair value?

No charges for admin or managing repairs.

If you have any cap ex left in Palm Bay (like an HVAC major repair or roof) you will lose cash flow for years.

Both tenants just moved out.I just got a bid to correct the foundation the right way by the most reputable company I could find (full underpinning, 60+ piers) ~$65k, plus costs of repairing drywall, paint, vacancy, and new flooring.

I’m in Ohio, so I can purchase a property with $40k cash out, invest $10k in repairs, and rent for a couple hundred above the monthly operating costs.

In reality the owner probably gets to do and pay for the repairs as the tenant has no money for things like this. 

Why does PM start promoting the property only after existing tenant moved out and property fixed (small repairs)?

Not to the extent of uploading photos and explaining repairs (that's pretty cool) but running comps, estimating ARV, reasonable rehab budget, profitability, etc.