Focus on value add things like new kitchens and bathrooms, floorplan changes, new flooring, landscaping, etc.

However, if you're planning to sell it, the tax consequences could vary andif there has been appreciation then the holding structure could be veryrelevant.This isn't taxadvice, but just a few ideas that should be discussed with a CPA and attorney.The landscape has got so complex in this area, especially in the last fewyears, so in my opinion it's a must.

And landscaping needs attention.

I don't have a line item for landscaping, water and sewer, and accounting. 

MF – easier to maintain since all units are together.Note: MF roof, siding, landscaping jobs might be discounted, but water tank replacements, furnace replacements, painting, flooring, electrical, plumbing, kitchen cabinets, etc., might have similar costs for both SFH and MF6-OPEXSFH – lower costs…usually the landlord doesn’t pay for utilitiesMF – higher costs…landlord pays for some utilities7-Property ManagerSFH – more expensive since the properties will be scattered around...maybe with a large portfolio, the costs might dropMF – cheaper, might come with the package8-VacancySFH - tenants with kids and/or pets might be more attracted to SFH’s…decent schools, nice backyard, garage, no noisy neighbors MF – typical for the market if the rent rates are right9-ExitSFH – might be hard to sell as a portfolio…the investor might decide to sell properties individuallyMF – easier to package and sellDidn't consider asset appreciation in this post , however, SFH's will appreciate more than MF's...for me personally, I look at the property appreciation as a nice bonus.

Interior paint (including all cabinets), new hardware on the cabinets, new light fixtures, new switch plates, add a moister barriers, clean up the landscaping, and a few other small items.

Their pool maintenance and landscape fees will be less.

If the tenant does not live up to their end of the agreement, for example, their job to do landscape work, let them know you will have it done professionally, and add the bill onto their regular rent as 'added rent' (another term that should be in your lease.)5. 

Landscaping, utilities, wifi, etc would still be the responsibility of the owner.

Probably will have to cover snowplowing, landscaping, maybe garbage (my town requires me to cover it if it's over 4 units).