I'd rather require immediate payment for immediate repairs (not cosmetic) & always have tenants striving to get their full security returned at move-out.Could you have a lease term stating that monies received go towards any prior balances/rent/late fees/repairs/etc, before it's applied to the current month's rent?

Hello @Skyler Chaney, In my experience so far, its been difficult trying to get a contractor to show up and bid, or even give you an estimate unless you already own the property.

This is a difficult thing for most investors to understand, but why should a contractor be on the hook for changes and delays outside of his control? 

After that date tenant two is responsible for the payment and any balance must be refunded to tenant.

@Shaun CallowayI wouldn't sweat it too much.I can understand the difficult job these admins have as there are over 1M members and thousands of posts per day.

Problem with c/d properties it is difficult to find managers that actually care enough to be on issues immediately when they occure.Once you take control and beging to manage your PM you wiill have a better idea as to whether you should find a new one.

That's a pretty broad question and difficult to answer.

You need to determine the proper balance between what you invest, your strategy with the property, and the return you can reasonably generate.

Some jurisdictions are more difficult to work with and may require a permit for small work such as replacing a lighting fixture and/or a toilet. 

The FinancialsPurchased our "starter home" brand new in 2010 for $166,490Zestimate is currently at $281,510Mortgage Outstanding Principal balance is $137,331.69Monthly Payment (PITI) is $1,159.24Rent Zestimate is $1,625 /moIn case it's relevant, our budget for a new home is $450K and we have 25% saved for deposit.