That was a huge mistake as they wanted roof replacement & grass cut. $6k for roof, $1200 to cut the grass on 10,000 sqft lot.

Remain responsible for rent, utilities, and other terms until a replacement tenant takes over.#2 can be a bad option in the middle of winter when renters are harder to find.

Purchased it for $65,000.00 and replaced the plumbing, floors, cabinets, and painted for 18k.

The chimney contractor replaced the cap, but requires the branches be trimmed before he can perform repairs on the chimney because it is still leaking into the fire place after the cap was replaced. 

These people do not know how to replace light bulbs, unclog a toilet, or find their a$$ w/both hands.   

They already replaced the head of the EPA (sorry earth) and now have there eyes on Jerome Powell.

We're currently looking for ways to streamline supplies for cleaners (toiletries, towels, item replacements) and handle small handyman issues.

Stuff as simple as replace cabinets/counters and repaint.

Capex is usually lower, around 2-5%, since major replacements like roofs or HVAC systems are far off.

This GP's ability to move fast and replace bad apartment managers, read where the market is going, and engage (call every LP and explain the situation during a capital call) has led to millions of investor capital being lost.