Upon move in, she had a 3 page list of requests.These included new:New vacuum cleaner bags for a vacuum which was already in the house.A wooden strip added to the front door as she thought the gap was too wide.New electrical outlets for the whole house as the existing ones were old.There were some valid requests which I fixed straight away (AC wasn't cooling below 80, one electric outlet wasn't working, washing machine wasn't hooked up properly).When August rent was due, she paid on the 11th and gave me a doctors certificate and said to please forget the late fee.The lease calls for a $75 late fee after the 5th plus $10 per day for every day it's late.

Most are in the 30-120 days late category so they'll likely be charged off in the next couple of months and I'll be able to wash my hands of it.For reference, here are my annual returns based on total account value at the end of each year - pretty obvious trend downward (and now that I look at this I'm wondering why I didn't bail out sooner!)

My wife just passed her exam across the river from you here in Vancouver, WA. She's

Now that doesn't mean I sit back and wash my hands of it.

Power wash and algae killer not an option?

Curious to hear how other people work with their properties.  Do you think it's your responsibility as a landlord to provide items such as a washer & dryer?  Or is it up to the tenants within the unit?  

3) This property is over 100 years old, and it's not exactly in Cap Hill or Wash Park.

I am unsure if exterior mold is common in NY, but might be worth it to just have it pressure washed and see what happens.  

However, as the saying goes, the market can stay irrational longer than you can remain solvent, as the recent past illustrates.Some people invest for tax reasons and others to park money outside of their own country.

~ Follow up phone call after the weekend for an off market property (owners unsure on price)~ Continue renovations on my primary home (power washing, painting, and garage electrical)~ Network with more neighbors to locate motivated sellers!