I know it's a big expense and it will be a big item on my estimate sheet but I think it's worth it considering the price range I will be able to sell this house in.Also, I've been pricing them out on home depot but I'm assuming that just going directly through a company that installs windows I can probably get a cheaper price on the windows than the prices I am seeing at Home Depot?

Tenants goes up in front of the judge and starts saying all these items are in need of repair.Judge will ask did you give notice in writing of the repairs to the landlord??

There is a clause in the lease that I inherited with the tenant that states if the tenant shall vacate or abandon the premises and leave any person property that such property shall become property of the landlord with any liability to the tenant therefor.I don't know if a clause like that would hold up, and I highly doubt that any fuss will be made over the 3 items but I'd be willing to throw them in the barn out back that is empty for the time being

In addition to the thing you mention you have to allocate money for big capital items, CPA fees, legal fees, an ugly eviction and other gotcha's.Small loans like this can be hard to get.

New laws are causing MH dealers to pull thier hair out, better have an attorney check what you want to do.As to maintenance and ARV, MH crap, like some stoves, hot water heaters, bath tubs are built just for MHs, so if you are replacing with stock items you need to become familiar with those prices, but often you can improve with real home fixtures from the box stores. :)

Buy the items you know you're going to need often in bulk.

Bruce,Good news...I would recommend doing a lease with the option to buy on the home for up to three years, you will get more money for rent and because the tenant/buyer in their mind is buying the home at the end of the term they will take better care of the home and you can ask them to take care of all of the maintenance and repairs which will take you out of the landlord role.Also a home warranty can be purchased form American Home Shield monthly and it can be added to the tenant/buyers payment and they pay the deductible so if the A/C goes out it is covered as well as many other major and minor items in the home.Call me any time.Marv Rousselow

Scotty,I would do a walk through and if there are items the need to be done that would affect getting their deposit or part of their deposit back, you could let them know if they help you with a renter by them showing the home you will give them their entire deposit back.If you have a good relationship with the current tenant you may not have to make that offer, speak to them and see where you are at.How long do you plan on keeping the rental property?

You've left out a number of items.

This of course is within the FHA loan limits of values; it is not as prevalent in the higher end markets, though they too are experiencing some valuation increases.Interest rates being low is only one item, lack of inventory, previous short sale victims now at 3 year mark after short sale, thus qualify for FHA loans again, and many other factors are driving this market and it should continue for a while until the market shows signs to the contrary.