Thanks for your reasons and I will definitely update my lease agreement wording to reflect you example.

I have started to look for homes with a bit more work, updating or some easy but looks hard work.

If he vacates, would obviously need some updating/renovation.

Investment Info:Townhouse buy & hold investment in Jacksonville, North Carolina Purchase price: $78,000 Cash invested: $8,000First investment property that I bought under market value and planned to update with paint flooring and fixtures.

Solid Class B- 5 units all 1 bedroom. 4 units at market rate-One I can update and get another $200 a month (maybe $300).

Completed updated it.

Completed updated it.

**Update: The agent who recommended this company shared my disappointment with the owner of the company who then called me.

we are looking at a $100,000 house updated but still needs about 10-12,000 worth of work but most of that goes into the water heater and new furnace that needs to be installed.

Updated all lighting throughout, paint, exterior and interior, cleaned up landscaping, added new sod and landscape lighting stained all decks, window treatments, kitchen hardware, updated furniture and excellent photos.