Then, look at any updates that might bring in MORE or HIGHER rents, such as kitchen, baths, fresh paint, clean floors (carpet or hard surfaces), ceiling fans, window AC units, etc.

I started charging refundable fees for viewings (which wouldn't work for an apartment complex, but if a stranger wants to walk through my house, they need to have some skin in the game!)

Quote from @Chris Seveney: @Bernie BurkeIf you invest in a syndication make sure to get updated reviews - whether here on BP, or in other investment clubs, a lot of the buried bodies are making their way to the surface.  

You will need to grow a tougher skin regarding your ability to say no to tenants.  

Having no skin in the game is just not viable in this market. 

I've personally brought clients of mine deals that have turned out way more ugly under the surface, but there was no way for either of us to know until we saw that inspection report.

My guy uses a commercial buffer(not a sander) to slightly rough up the surface. 

I want an all flat surface.

Usually banks or credit unions want you to have some skin in the game.

I'm a new investor just scratching the surface by renting out my wife's condo to a tenant on Jan 1.