Especially since they're family, that could create a hole in your cash that can't be replaced for a long time. . .

I want to put our old microwave, coffee maker, etc in the apartment and replace them for us, new. 

We may tend toward a 4% increase for our best tenants and a 6% increase for those who we´re comfortable replacing, which we know we could quickly accomplish in our market. 

In all the leases I am clear the batteries are the tenant's responsibility and make sure to tell them if it blinks red it's time to replace the battery. 

If you want the equity and the depreciation that comes with equity ownership you have to either put in the capital or at some point figure out how to satisfactorily take out your equity partners and replace them with your own capital or debt.

Make sure you are replacing things that need to be replaced.

My rehab is simple where I am replacing the floors with LVP, repainting, adding a half bath, kitchen redo, and bathroom redo.

Right now, my whole roof needs to be replaced due to age and small leakage. 

If one plank gets gouged, you can simply replace that one piece.  

The car will be paid off eventually by assets that generate passive incomeThe fatigue is already starting to be replaced with new inspiration!