I did consider pursuing civil court to get the neighbor to pay out the full $1200 in damages, but the time, effort and $150 in court fees deters me from this course (plus the drive for court).The biggest options I have been entertaining:+SALE IT: I really don't want to sell, but I am considering it.

In the meantime, my RE agent locates a prospective tenant to take 1/2 of the space but it is costly!

It depends on what I think the long term prospects are for the property and how much cash flow it generates, and how it affects my overall net position.

Thank you for your input, here were my thoughts for the construction if you would tell me your thoughts:Step 1: Start with replacing the windows, fixing the driveway, updating the sign & name, and paint the outside of the apartment.Step 2 : Renovate the current vacant units, and as leases expire renovate those units as well.Also,It has a lot of tenants hanging around outside that may deter new better tenants from renting there.

I was just wondering when evaluating single family homes for investment prospects, what percentage do you typically use for repairs and cap ex?

I'm still learning the theory with a prospect of buying my first property in 2020.

The increase will make current owners want to sell their property, scare away future prospective buyers. lower cashflows, and lower property values. 

It seems like it would be pretty nice to use, but I'm guessing some of you have used it before and have some thoughts about it from both the tenant and owner prospective.

I just want to do the first deal as “right” as I can so it doesn’t deter me from a 2nd deal..

Probably but there goes 15% off the top just to start.If none of that deters you...congrats on your new property you're adding to your portfolio.