Offer Chocolate Chip Cookies and Green Bay Packer Tickets ;)2.

CapEx is capital expenditures, big ticket repairs/replace items that you have to capitalize vice expense.

These are the big-ticket items that can destroy the budget. otherwise, I know what finishes I want to use so I can estimate the square footage based off where the materials would go.

Lawsuits are treated like lottery tickets.

This is a pretty big ticket item and seems like a my eggs would be in one basket, but the no money down portion could enable me to invest in other properties as well. 

I would also look into the plumbing and electrical to make sure you don't have any big ticket deferred maintenance items there.

I'm an attorney and I am just warning you it's potentially more severe than a speeding ticket.

Hi Sheree, I can't say too much for Cozy, except that they are a great tool for landlords to use but as far as maintenance tickets it helps you account for them, not manage them.

The tough thing is that I'm the one on the hook for the ticket, maybe I can offer a lease where they get a discount but it's written in that they're on the hook for litter tickets...Thoughts on a reasonable amount to offer (I know it depends on the market, does $50/month seem reasonable?

I think what's important here is whether or not the repair was a cap ex repair (full roof, full siding, furnance, ect) or a series of small repair (carpet in one room, paint in one room, light fixtures in a couple rooms).If it's a big ticket repair then it gets depreciated.