He means that some properties are not in financeable shape like there is no stove, the kitchens are ripped out, health & safety issues, mold, the bathroom is not operable, etc etc.203k is a rehab loan program for FHA that combines the rehab money and the 30 year fixed FHA loan component into one product.

Essentially when your property isn't sub-metered for water and the cost to do so is prohibitive, RUBS allocates the water usage based on the actual water bill to each tenant. 

Your are essentially becoming your own business.  

Tenants are always amazed and appreciative that their new home has new toilet seat covers because we replace them between tenants.They know their landlord has a personal interest in their health, safety and well being by my actions throughout the year.

Essentially if I made her pay “something” it could help with cash flow but morally it seems fishy.

Essentially, if they need to reapply with you, have them do so.For your different charges, yes, that's what we do when we offer a yearly or annual.  

I agree that things like bulbs, loose handles, squeaky hinges, whatever, aren't safety concerns and can be the responsibility of the tenant.

Essentially a small investment, good cash flow and a shortened pay down at 15 yrs 

Maybe because I'm in Los Angeles, I don't view cash flow as an absolute essential, at least not right out the gate.

It is essential that when choosing tenants for a B class property that you choose the very best and it is short sighted to not realise that low credit scores are a indication of some level of irresponsibility that will likely transfer to everything about their life style.Usually, not always, those with good scores do not live like pigs...it all translates to attitude which is what you are seeking with good tenants.....good attitudes, responsible individuals.