Vince,James had an excellent response to your question.

If you connect with me I will share an in depth excel worksheet with you that breaks down EVERYTHING.

A lot of the times the areas that make the most sense in the excel sheet may not be places you would like to live.

@Joseph Senno I would think most improvements would be 100% on the landlord unless the tenant wants to select colors, etc, or it is being done to repair tenant caused damages.

It seems like a very simple Excel spreadsheet should solve the analysis concerns in regards to the number of hours spent.

I’m great with repairs but today I need to select paint theme for the units and colors are really hard for me.

Now I just do my own thing for myself and a few select clients. 

House hacking - renting out a portion of your primary residence to cover part of, all, or more than your mortgage payment - is an excellent strategy for investors of all experience levels to reduce or even eliminate their housing expenses and begin to generate cash flow right where they live.

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

Fortunately, selecting a "good" location is relatively easy if you use the right metrics.Rent and Price Growth Rate - Inflation is constantly eroding buying power; each year, it costs more to buy the same set of goods and services.