In the other post, tenants didn't leave the right number of light bulbs in their ceiling fans, a broken toilet seat, broken blinds etc.I been doing this for 35 years, and I run into this in 1 out of 5 departures.

Focus on growing your business, don't focus on fixing toilets. 

I do not need licensed contractor for would trim, painting, flooring and to replace a toilet.

But this is kind of standard fare under toilets and sinks around here.

Until now, the flat has 1 bathroom (incl. toilet) and 1 separate toilet.

I want that truly passive income where I don't have to worry about tours, property managers, maintenance, contractors, evictions, law suits, disputes, damages, toilets, roof's, lawns, neighbors, etc.So to some extent, I will cash out some of my holdings and put the money in index funds, while I keep some of my rentals.

., OPTION 1: OPTION 2: When Seller Uses RE Agent & Your’e Using Property For a Rental When Buying Subject To & Selling to Tenant Buyer Pro: Doesn't require specialized knowledge Pro: Little competition "Adequate" cash flow - Nothing Exciting Can be little $ down You get appreciation if property goes up Can do Unlimited number Can Get Started Much Sooner Get down payment (Cash $) back immediately Great Cash Flow No Bank Approval Needed No Maintenance or Repairs Con: Have To Have $45,000 Cash for Down Payment Con: Have To Have $15,000 Cash For Reserves (just in Case) Have To Have $15,000 Cash for Closing & Carrying Costs Due on Sale Clause Have to Get Bank Approval Must learn the technique Can only do 4 -10 properties depending on bank Competing with everyone else Requires 20% Down & other requirements If AC breaks - you fix it If roof needs replacing - you pay for it If toilet clogs - it's on you If house gets trashed - you un-trash it You take loss if property goes down in Value Tenant Can Trash The House

I was able to speak to 4 owners and got a maybe which didn't pan out.

OPTION 1: OPTION 2: When Seller Uses RE Agent & Your’e Using Property For a Rental When Buying Subject To & Selling to Tenant Buyer Pro: Doesn't require specialized knowledge Little competition "Adequate" cash flow - Nothing Exciting Can be little $ down You get appreciation if property goes up Can do Unlimited number Get down payment (Cash $) immediately Great Cash Flow No Bank Approval Needed No Maintenance or Repairs Con: Have To Have $45,000 Cash for Down Payment Have To Have $15,000 Cash For Reserves (just in Case) Have To Have $15,000 Cash for Closing & Carrying Costs Due on Sale Clause Have to Get Bank Approval Must learn the technique Can only do 4 -10 properties depending on bank Competing with everyone else Requires 20% Down & other requirements If AC breaks - you fix it If roof needs replacing - you pay for it If toilet clogs - it's on you If house gets trashed - you un-trash it You take loss if property goes down in Value Tenant Can Trash The House When Seller Uses RE Agent & Using Property For a Rental When Buying Subject To & Selling to Tenant Buyer Asking Price MLS $225,000 $225,000 Balanced Owed $223,969 $223,969 RE Agent 6% $13,500 $0 No Agent Involved Seller Brings to Closing ($12,469) $0 So No fees Asking Above ARV $0 $0 Seller Walking Money $0 $0 Sometimes Used If I Use Conventional Financing If I Use Subject To Asking Price MLS $225,000 $225,000 Amount Down - 20% $45,000 $100 I Give $100 Down New Loan Amount $180,000 $223,969 I Take Over Loan Title Report $600 $600 Closing Costs $1,250 $1,250 Monthly Payment $1,151 $1,225 I Take Over Existing Payment

As you can see ugly teal 4" ceramic wall tiles, white 16"X16" floor tiles,  white toilet, pedestal sink and cast iron tub.I have pulled the sink off the wall in order to do some plumbing and electrical repairs.