main challenge currently is finding quality tenants that can go thru my screening process (600+ credit score, clean background check, etc.)

I clean my own house, can I bill myself for that and then write-off all of my cleaning supplies against it? 

Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!

We did some cosmetic upgrades interior- painting, flooring; and painted the exterior while cleaning up the landscaping.

The expectation established fell far short given all the mistakes and poor advice.

Many of these properties are undervalued and can provide great returns once you establish solid tenants.I'd be happy to guide you through your options, whether you're interested in house hacking or building an investment portfolio. 

Make sure to mention you are a BiggerPockets member as you special discounts on establishing Checkbook Control with the IRA LLC, along with personalized support.   

Whether it be cleaning their properties or doing manual labor.

Staging the backyard with a pristinely clean pool (no photos of the power lines!)

Terry,Yeah, you can use your commission toward your closing costs when buying your own home, but tax-wise, it’s not a clean wash.