It was stated, not much is going to change besides entrance size, removable cabinets, countertops, etc.

It might seem expensive, but relative to the cost of going into a deal that doesn't pencil, I'm more than willing to pay a few hundred dollars a month.

I buy all the materials, he does all the work.Right now I'm getting a house fixed up, which includes ripping up carpet in 3 bedrooms and replacing it with laminate, removing the flooring from a kitchen and hallway and replacing it with ceramic tile, ripping out old cabinets in a kitchen and putting in new ones, installing a new vanity, toilet, and bathtub in a bathroom, putting in a garage door opener, replacing the flooring in another bathroom with ceramic tile and also replacing most of the sheetrock in that bathroom, installing a couple new doors, putting in a new gas oven, and few other little tasks.  

But generally items like appliances, carpet, paint, cabinets etc would examples of items that the landlord is able to depreciate over time on their taxes and therefore is expected to replace when needed.I hope this helps! 

In 12 years of managing hundreds of homes, I've never had a tenant abandon something and then come back to collect it.

This is why there are doctors and even movie stars who make hundreds of thousands, even millions and live pay check to pay check.

@Andrea DiazI’d buy (financed) 3 really good rentals in Metro Detroit(my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

That’s not an easy thing to just jump and start raising hundreds of thousands of dolllars to fund note purchases.

People have lived with non-egress windows for hundreds of years, so the risk is extremely low.

Doing this I am seeing them purchase hundreds of single family properties around my city Charlotte NC.