Property is maintained slightly by ServiceLink.

Cap/ex/maintainance needs to be way higher I usually underwrite roughly $1000 a year per a unit.

We maintain a separate account for repair funds, and carry forward any that are left over at the end of the month.The other item is capital improvements.  

Was looking in NestEgg and other softwares that routes maintainence calls to vendors after they troubleshoot the tenant/unit issue via app or phone call 24/7.

The building has been very well maintained and so far has only had one small repair that cost $150.

With all the cost associated in maintaining property, we may have slight negative in income if LTV is only 75%.This is where 6% CD is becoming interesting, it is actually an hedge to future that is getting darker every day.

I think we can give that honor to George W, who invaded a country on the pretense that they aided 9/11 terrorists and maintained caches of WMD, both of which the aforementioned George W later admitted was not the case.

As nice as it may look, most buyers won't pay you the difference for a custom light fixture, vs something that you bought at Home Depot.Whatever you do, establish good relationships with local vendors that can maintain good inventory.

That said, if you're finding that there are great deals that you're only missing out on because of lack of available capital, then diverting might be a good way to go, but I would personally try to maintain that 10% as a minimum and more slowly build up that capital (see what other areas of your spending can be cut / trimmed?)

I am surprised though that they were let go and the Seals maintained their position.....