-http://blog.homedepot.com/diy-board-and-batten-wainscotingBathroom-Resurface/Refinish yellow tile to white, and leave the black, as black; -Leave the floor as-is, but clean and polish, to make it pop a bit more-Replace toilet, bath hardware, and sink hardware, partly because we pay the water, and we want water efficient items to drive down the water bill as much as possible;-Replace window if it has Lead paint-Remove curtain valence :-) https://thumbs.trulia-cdn.com/pictures/thumbs_5/ps...Bedroom-No planned changes-https://thumbs.trulia-cdn.com/pictures/thumbs_5/ps.97/6/e/e/8/picture-uh=bfef554726567a5541316d342924ad-ps=6ee830b24aa165c59eea61b0f12ee6d6.jpgFront Hall-No planned changes-https://thumbs.trulia-cdn.com/pictures/thumbs_5/ps...The other units have older counter-tops, so will update to Formica most likely, or whatever $700 can get us. 

Tenants are also slow to report leaky faucets and constant running toilets in the tanks.

I have heard that this weakens the clay pipes each time it is done, so you may want to just have it done when there seems to be a problem developing (toilets flushing slowly or stopping up). 3. 

I'd rather buy a paper asset that returns 7% and doesn't call me in the middle of the night with a toilet problem!

We are simply putting in new toilet, vanity, and shower.

This lady didn't really understand Airbnb and would take awhile to get up to speed on refreshing toilet paper, candy bowl, etc.Kleenerly, an Airbnb service, is $110 for this house.  

This basically means the Tenant has to pay the first $50 of any request for repair (e.g. come fix my lightbulbs or plunge my toilet).  

;) @Joe Swanson good in theory. bad in practice. most clients only want to pay more when the PM earns it (fix a toilet, lease a unit, etc).  

In short, this means anytime your tenant wants a lightbulb replaced or a toilet unclogged, they pay you $25 or $50 or whatever you feel will DETER them from calling you to handle something they should be handling themselves.  

For example, say the toilet is clogged up, the owner calls a plumber and they snake the line and recover a tooth brush of the tenant.