This will cause your occupancy and revenue to fall.Functional ObsolescenceFunctional obsolescence is defined as "the impairment of functional capacity of a property according to market tastes and standards".

Sometimes we are able to replace the hydraulic closer, other times we have to replace glass or the entire door.I would charge them for it unless they can prove the door latch was non-functional.

If it goes in to a functional septic system vs the sewer, I don't think it has much effect on value at all.

Also, the countertop style and look will not sway an appraisal much either way unless it was deplorable so just make it functional and clean, don't break the bank. 

I use the "class" function to separate my expenses, revenues, and asets as well.

Fully functional?

., "Inspected and Functioning", "Not Inspected", and "Repair or Replace".

There's already a window AC unit that functions great; I'd rather not lose that unit and install an expensive mini split... 

I recently have a new tenant who has been there for a month and wants a new fridge, wants me to add a new light switch to the bathroom to turn off fan exhaust to save money on electricity, wants me to buy new door alarms.The fridge is functional and working, he is upset that the insides bend a little when he puts a lot of food in there.

Hey BPers,  I want to give the DISC personality test to my Team so we can take our communication and functionality to the next level.