The property is undergoing a light rehab (new paint, new LVP flooring, new toilets, new kitchen, new vanities etc).

Some owners would prefer a clearly defined floor even at the cost of not rising to the highest ceiling.While I hate to say it, there are also property owners who lack either the time, knowledge, inclination, or skill to want to manage their property effectively.

They can do all the laundry while they are cleaning.

It needs everything: all appliances, cabinets, flooring, tiling... everything.

New roof, siding, soffit, fascia, flooring upstair, repair fencing, yard work/landscaping, new flooring upstairs, new vanities, kitchen remodel, new paint job What was the outcome?

If it costs $500 to fill the oil tank and the tenant leaves it empty, that's $500 less you have to cover unpaid rent, cleaning, and repairs.

My monthly fees are as follows (handyman inspection $125, Cleaning $270 a turn (I collect this from guest), TAT&GET (collected from guest) Property Taxes, Insurance (I highly recommend you price this out, with hazard I pay $1,200 a year), internet/cable $100, Electricity $300 a month, AOAO dues $900 (association fees are increasing minimum 5% a year).  

If not then we go with a really clean look of fresh beds, and grass that will really pop out. 

Replaced floors throughout, painted every interior space, new hardware everywhere.

Regardless, my strategy was to live in the basement and rent out the bedrooms on the 2nd floor.