Maybe some one can shed some light on the investors motivations behind these deals.   

The total estimated cost seemed high for just minor repairs  ($2700-$3700, $500 of which is PM fee) There are a couple items I expected would be flagged but not mentioned:Recommended items that i think may not be needed:- Seeding back yard lawn- Remove satellite dish on roofItems I thought would need to be on list but not mentioned:- Add washer/dryer- Clean gutters- Attach electrical panel cover- Fix loose lighting fixtures, cover open junction boxThoughts?

Items missed: ADU cannot be STR in most jurisdictions, no vacancy, no cap expense, no management fee (include it even if self managed because it is work), 3% maintenance ($420) may be a little light for 3 units in San Fran labor rates, my pro forma is currently showing 0% appreciation in the short term due to recent rate increase.  

By implementing energy-efficient appliances and lighting, using environmentally-friendly cleaning products, and promoting recycling and composting, you can show your tenants that you care about the environment and their health.

Purchase price: $18,291 Cash invested: $3,292 Sale price: $25,312 Contributors: Thomas Rogge, Vincent Ribes Part of a pack of houses we purchased from a distressed seller we did light cosmetic touches and cleanup mostly and then it sold it on the spring market.

Because we are very close to a traffic light and a major highway people have to stop because they have to stop. 

However, we (my parents and I are the owners) noticed that they are using the HVAC in excess and using what appears to be unnecessary electric (TVs and lights remain on even when not in use and air conditioner is running constantly).

Real estate is different from technology start ups where investors look for pedigree, energy, and pure raw talent.

I think it's a great strategy for experienced well capitalized investors, but many new investors with limited capital should tread lightly.

Walls Remove/treat mildew (per surface) $15.00 Repair hole in wall $55.00 Repaint (per wall/ceiling) $40.00 Doors Replace door (interior) $165.00 Replace door (exterior) $485.00 Replace weather stripping $25.00 Electrical Replace light bulb $3.00 Replace light fixture globe $20.00 Replace light fixture $65.00 Replace electrical outlet/switch $15.00 Replace electrical cover plate $2.00 Actual charges may vary based on condition, vendor and/or cost of materials.