If I sense the buyer is cut from this fabric, I will negotiate extra hard against repairs to the extent they simply walk.

And really, any ARV over $800k is extra "cash out" for you. 

I also think most markets won't see anywhere close 6% cap rates (for single family homes which is what I personally invest in).The questions you get to ask are then:Is the extra 4% worth the hassle of management and lack of liquidity.   

If you are paying an extra $1200 a year for something are unlikely to need, how much does a new roof cost? 

I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.

You are not going to qualify for active and will not get any extra depreciation.

Although insulating the floor is a nice extra, it is not the primary way that cold gets into the house.

It seems like you’d get at least an extra $100/mo and it would pay for itself.

Unless you are planning on investing in your back yard and have extra time to spend, getting a good PM is very important.  

The goal is to minimize unnecessary usage and prevent extra costs, rather than blindly paying whatever bill comes in.