I want to replace all of the carpeting with wood grain laminate and replace all of the appliances.

Well my rental income is in the stock market, and the market is down because Puerto Rico is bankrupt and there is war in the Ukraine, so to take those funds out, I have to sell at a loss.I need to replace the 25 year old roof on my building costing me $7000, but the market is down because an ISIS suicide bomber hit Turkey!!!!!

I have seen a few rookie investors hiring people that say they have experience and the next thing you know, they paid for a roof that now needs to be removed and replaced because it wasn't installed properly.

1) laminate floors that sound like you are walking with tap dance shoes on2) vessel sinks3) anything that is painted "faux" style4) open floor plans (although I think this is still 2-3 decades away from becoming an undesirable floor plan) I have wondered for years what will replace SS appliances.

Or try to connect with other investors in your investment area, find a new pm and give them power of attorney in a limited use to fire and replace your current PM company.  

Every month ask your PM when you get your operating statement what the charges are, and why the items are breaking and continuing to be replaced.  

Also, it appears that some of your piers need replacing. 

By searching out mispriced assets - Assets (property) that is being sold for less than what it's worth.Let's take a look at how our Sokcho Investors apply Intelligent Investing rules to Property #2.Original Asking Price: KRW 150,000,000After Negotiations: KRW 100,000,000 + 10,000,000 for all the furnitureKey Money deposit from new tenant: KRW 100,000,000Out of Pocket Price for our investor: KRW 10,000,000For KRW 10,000,000 our investors were able to get a room full of very nice furniture (in fact, one regret they had was leaving the nice furniture in there and not replacing it with sturdier, furniture) and control of an apartment in this building:Here's an important point to consider: The negotiation down to KRW 110,000,000 wasn't simply an arbitrary number to 'buy low' - but it was based on understanding the market and knowing what the current key money rate for the apartment was.

One example would be, when the roof gets old, who makes the decision on whether or not to replace it?

There are some light sockets that had loose covers, and I said I'd replace the covers and they were satisfied with my answer.