So while I have family nearby I want to minimize excess wear and tear because 1.

The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.  

Without evidence, it's hard to say.First, you should educate all of your tenants to report excessive noise to the police.

The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.

I personally don't charge for small holes and touch-ups unless they are grossly excessive, but I would charge for removing the tape/adhesive.

I have never held a mortgage 15 years (or even 12.5 years) and I have had quite a few mortgages.I claim that it is better to have the negative cash flow and use the $450k to achieve a return in excess of the 6%.  

The only thing they didn't reimburse was excess cleaning (they said they don't reimburse for that) and honestly, I find that as cost of doing business.  

All it's doing is applying excess cashflows in your budget to principal payment.

Interesting to hear that they are claiming that a lender sold all of their loans and kept the excess funds.

Any excess proceeds not applied to the investment portion may be taxable as "boot."