It is a failure in the sense that it will not return this broken economy to "normal" as so many are hoping.After two full decades of credit expansion, having finally reached the point where debt is abhorrent, the new reality will be a more NORMALIZED credit market, not a return to the grossly abnormal market many of us have come to view as typical.Think about it this way; it is not "normal" to be able to walk into virtually any retail store in the country and within 10 minutes be able to access $2,000 in credit by simply showing a drivers' license.

Usually for things like upgrading the pool / clubhouse, adding tennis courts, etc..

I’m interested in upgrading to Pro but there’s no way I’m spending $360.

I live in a moderate climate area and always look to upgrade windows.  

Regardless, it could always be a beginning home as well and you can upgrade through the years as you cash flow.

I plan to upgrade all the appliances, add a washer dryer and a mini split ac/heater for each unit.

Sufficient reasons to withhold rent would be broken stove, ceiling damage, etc… If the court rule the repairs are needed the landlord will be required to make the repairs and the tenant must put all of the rent into a court appointed escrow account.

I have been working at an architecture firm for 2 years and I am experienced in using the Program Revit, which I use all day to redesign buildings and auditoriums ( what my work is redesigning theaters and auditoriums to upgrade them to recliners).

So let's talk about cash flow, broken down on a monthly scale:$1,100.00 rent$66.66 insurance$121.00 property management (11%)$91.66 vacancy (8.33% or 1-month)$117.56 mortgage (principal & interest)$44.75 property taxes$55.00 maintenance/repairs (5%)$55.00 capital expenditures (5%)$548.37 cash flowIf I remember right, this puts the capitalization rate at about 30% and the annual ROI at about 120%.

However, the tenant has broken the lease (assuming you get some hard evidence).