South Florida real estate is very expensive and you don’t want to waste money where it’s not needed.

Now, in regards to the practice of restricting the data being shown because you as a PM is concern that the owner might get worried because of the data readings, calling you in panic and wasting your time.

Expense load breakdown: Again NNN?

I would hate to waste the opportunity of the next 3 years or so, but I would hate more to get into a bad situation right out of the gates. 

Spending hours of time in traffic is a waste of time and production for most companies. 

I wouldn't waste my money on an effort that's likely to fail.

I strongly believe house hacking is the best way to get started because rents, are not only a waste of money, but are so dang high in the metro.

(Don't imply they have wasted the money elsewhere,  even if there is a brand new car in the driveway,  etc)   This all needs to be documented so do it in something like an email chain making sure to identify their full name, the property,  and reference important lease terms like the effective date, deposit amount, rent amount,  how much they are behind, etc.  

In the end, you want to make money on the money you put into your properties and if the cost were $50,000 and the net gain from said renovations were $50,000, you would be wasting a lot of energy.

I believe that is a waste of money for someone with only 1 property who hasn't pulled in 6 months of income for the year.