I thought it was a fairly decent deal considering he had maintained it well, it has always historically had a great net cashflow, and it was something I thought would be a good first investment.

I didn’t bother maintaining (painting/staining) the last few years since I knew I would replace it soon, which probably caused decay to speed up.

You could try to roller brush them with a small roller (ultra smooth), but you would have to be careful of maintaining perfection along the grooved edges.

The way I understand cap improvement/expense is as follow:Cap Improvement = Making improvements where needed e.g renovation on poorly managed properties that improves financial performance.Cap Expense = Ongoing operating repairs and expenses to maintain financial performance. 

Does your lease clearly spell out the total scope of yard maintainance expected from the tenant? 

Hi everyone, I've maintained a somewhat quiet profile on BiggerPockets for about a year now, but figured I would re-introduce myself.

Cleaning up is part of doing business, just as maintaining a safe work site is a part of doing business.  

If the project stays on schedule, pay according to the payment applications with retainage (note that the payment applications should state trades completed- ensure to maintain retainage for each trade for punchlist completion). 

This is a better solution because investors maintain almost all of the control regarding their assets in this scenario.Key Takeaways: Retirement plans and IRAs are key for growing your money tax deferred until you withdraw your savings at a later date.Getting sued is just one of those life events that no one really plans for.The best way to deal with the prospect of a negative situation is to protect yourself from the potential pitfalls in advance."

Memphis as a hub for shipping and flights is not going away, it's location on the Mississippi should maintain it's economic viability, especially as agriculture and materials continue to use the River system.