This is usually leveled out by asking for higher deposit in the hopes that this will cover at least some repairs or missed rent payments. 

Go spend a year or two putting families in homes, focused 100% on that, and nothing else, not even having the mental capacity to ask unrelated questions (you're working 70 hours a week getting your super basic-level business just barely up and running, you don't have time for such nonsense).

BTW I buy SFRs.If you want to take your investing game to the next level. 

If  tile fits into your budget you can really make that room attractive.Hard to tell how rough it is in pic but Could possibly just paint it the way it is.Self leveling concrete then paint.I dont think you have the height at the doors but some people just lay pavers right on top (not bonded)

There's a lot of people like this out there at low income levels whose record in our new computerized age has fully caught up with them, more than ever before. 

Also, if your properties updated up to the level of flips, you'll have waiting list of Tenants.

@Leland James hover your cursor over your picture in the upper right.

Looking at a 40,000 2fam property and I have just enough cash.  If I buy it, can I immediately get a $28,000 (a 70% LTV cash out) before renovation and use the 28,000 to do renovations?   I know the typical BRRRR proc...

I have 27 units with that level of tenants.

Purchase price: $55,000 Basic 3/2 SFR in a mature, entry-level neighborhood What made you interested in investing in this type of deal?