Expending to the borowes we need some good contractors . did you know or ever worked with or can you recommend about plumbers at bronx .queens area of new York.Need recommendations please. 

Basically, small items that are expendable and consumed by the tenant, things that are simply labor to clean and keep in good condition.

It works for them, and I don't want to expend the time and effort to learn something new that may cash flow the same or not, but definitely take me away from my current strategy.

This doesn't work in my expended family.Take over his payments, if you want to help him out of this temporary hardship.

So in the end, it also depends on how much of your own resources you'd be willing expend on your property.

I live in NY, Staten Island to be exact, and am presently a renter myself, with little to no expendable income for investing.

I wouldn't expend any money of course only out of the proceeds.  

We have a long-term Section 8 tenant, and the main issues I have (Section 8 differs in each city so research the rules in your area) are:  they have very little expendable income to keep the property in good condition, so expect bare minimum, especially if yard work is expected, and my city does not allow rent increases unless you can prove improvement to tenant and even then only max 3% annual if it's approved.  

Except......When Note was due (8 months), Borrower submitted an Excel with $50K that he expended ABOVE the borrowed $325K ($100K was supposed to be rehab, now he is claiming it is $150K rehab and he spent $50K without telling me). 

He never actually owns the note nor does he expend any of his own capital on the purchase.