Just looking for suggestions on the most minimal renovations/updates/improvements we might want to consider as our place is dated.It the original carpet from when I first moved in back in 2007 (I think the carpet was recently installed back when I moved in) throughout and has been kept up relatively well since then but it does show signs of wear.

I prefer email questions because I can put off answering until I have time rather than having my work interrupted with a phone call.For example, if a client asks "how does a 1031 exchange work", I can actually just copy/paste some information I have on hand about that and send it over and I don't bill for that kind of questions. 

Wouldn't refundable deposit give tenants more incentives to minimize pet damages if they can get this deposit back if there aren't damages?

However regardless of the situation, you want to minimize your debt as much as possible. 

It’s still showing a profit because after 30 years, the tenants would have paid off the mortgage plus the minimal Cashflow from rents less expenses and selling costs.

If you really want to juice your returns, you have the freedom to respond to guests within an hour of receiving an inquiry/question/problem, you’re willing to deal with more hassles and dedicate a few extra hours a week to launch an active biz go STR.If you don’t need to maximize your COC returns and you don’t need extra hassles distracting you and interrupting you from your current work, at dinner time, etc and prefer a more passive investing vehicle then go with LTR.

Hello my fellow investors,I’m trying to purchase a triplex in Tampa, Florida with minimal money down.

Make sure you & the accountant create a template of some sort to help you account for things during the course of the year (this will minimize both your tax bill & your fee to them at the end of the year)2.

Because your cash to close is minimal and you jump in without equity, look for properties with value-add opportunities.

That's a pretty minimal cost on your part.If they don't want to, just let it go.