Gonna second what jim k stated, i have done so many of these with the green board, they were a bad idea from the start, and you are gonna need to retile or replace with a fiberglass unit

Woodwork shows signs of water damage and green mold. 

Personally I'd eat the $75 for the "first offense" for something like this for a truly good tenant....... do you really expect a tenant to change the filter each month?.....

I just read David Greene's book Long-Distance Real Estate Investing.

Would I be able to charge more for having the alarm system installed Or would I have to eat the $50 cost but have a tenant that feels more secure?

So it is possible to have your cake and eat it too - it just takes patience.

Crazy as it seems, sellers in emotional distress and denial over whizzing away their parent's legacy would much rather whiz it away to a local agent who is deeply embedded in their community, who works the soft-serve at church festivals and reads off the bingo numbers at the VFW hall and brings some of his homemade kielbasi to the volunteer firemen's BBQ benefit.Do not discount your local agents who have been eating rubber chicken to pass the card at Rotary events for the last twenty years.

Yes it is mostly from depreciation, but also as a result of repairs and maintenance eating up profit - which could be deferred but at the risk of deteriorating the properties.

Tenants usually have poor taste and will leave your house in neon pink green and blue in every room

Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.PenFed - max 3 other propertie, 89% LTV Regions- yes HELOC but no loc SCCU Florida 70% LTV, 6.25% interest only, not LLC TD BankTIAA Direct was EverBankTower FCU, all states except TX, max 45 DTI, green card ok.