Essentially, the landlord was not respecting the tenant's quite enjoyment of the premises - while you may own the building, when you lease a flat, it is the tenant's space and, as long as they are not doing anything illegal, damaging the property or putting others at risk, you have no real say how they enjoy the property.While the amount of the fine seems a little excessive ($6000 to each tenant), it does show a situation that escalated unnecessarily.

The biggest caveat will be excessive wear and tear and damages due to the younger demographic there.

So for tile, if my designer knows our budget is $1,000, she knows not to buy tile in excess of $1,000 unless she's also doing a budget variance.

Royal Extreme Clean said they could do about 6 apartments per day, which is $1200 per day for labor, truck utilization, and profit - that seems excessive

THEN I can take out the excess cashflow and apply it toward future properties.If I don't have this correct please advise.

Last year we had excess points and blew 25,000 or so on a night in the Tokyo Grand Hyatt, which was a hoot. 

Excessive additional taxes due; here you are only paying the judgement years.

This usually is in a situation where a seller is wanting an excessive price.I think you posted in another thread about the quad's you're considering.

The plaintiff was an apartment property manager and the defendant challenged multiple points, including the late fee that was calculated to be in excess of state law.

Too much of a headache for the Landlord if they leak, break down, excess water consumption, etc.