I am asking, trying to learn, not being fresh. 

Oh, and you know if you are heating the building for them, tenants will keep their windows open in the winter for the fresh air.If you buy from a retiring landlord and/or get inherited tenants, expect to pay the piper eventually in terms of deferred maintenance and/or evictions. 

We bought properties in Elmhurst, Fresh Meadows, Bayside, Rego Park. 

Hi Jeff,That's a great theoretical question, and one I used to ask myself when I was 15 years younger and fresh out of undergrad with "efficient market theory" "optimal capital structure" "modern portfolio theory" "increased returns are correlated with increased risk" and other articles of faith that had been passed off as fact by the professors in the economics department at my very prestigious college.A decade and half later I no longer buy into the idea that markets are efficient - neither stock markets, nor real estate.There is a deep divide between people who buy the theory and those who don't.

We needed a fresh start.  

A clean, freshly painted/carpeted singlewide will rent for $750 (2 bedrooms) $825 for 3 beds.

Does it need a fresh coat of paint? 

Fantastic neighborhood on a lake, great location, fresh high quality remodel with Hansgrohe faucets, hardwood floors, solid wood vanities and such...

We added new closet doors, ceiling fans and light fixtures throughout, and had it freshly painted inside and out with new baseboards to finish it off.We did some repair work on the exterior siding, and had to recreate a side gate.We blasted all the weeds and cleared both front and back out for a fresh start.

I think what makes a property stand out to prospective tenants is that it looks and feels "fresh and clean."