i.e. are you opening walls to update electrical and plumbing, changing floor plan, etc.All the above will play into deciding the direction best pursued and whether to opt to replace the entire heating system (and with what) or to repair and retain components of the existing system.

Rentals are in high demand, but more for the $4-500 unit. 

Demand termination and full justification for the cost or you will sue them in Small Claims for damages.In the meantime, find a new Property Manager. 

For those of you who have read any of my posts,  I tend to play both sides of the investment field.  

I play in small ($500K to $1M) investments with my partners, and I find NC LLC structures necessary and sufficient.

At least not accurately.Supply/demand for GCs in the Bay Area heavily favors the GCs.

I would also demand to see all units that will show you what ought to be done. 

Based on the law of supply and demand, your hypothetical statement rings true. 

Only play here is to market & sell the real estate.

What is a Demand for Possession?