If you are a newbie, you will not believe the conditions tenants will tolerate rather than getting prompt, proper, repairs done.I just re-rented a luxury home where the prior tenant never complained during a five year tenancy about anything, and due to very unusual circumstances a thorough interim inspection was never done:Range hood inopClothes dryer inopGarbage disposal inop5 of 7 exterior area lights inop; two interior circuits inop1 of 6 toilets inop3 of 5 air conditioners inoppool sweep inop5 sets exterior french door handsets so pitted you cut your hand opening the doorsrodent infestation in atticAll this in addition to nearly a complete repaint, stripping and resealing floors that had improper products applied, replacing 4 rooms of carpet, and minor miscellaneous items.Believe me, I would have MUCH preferred to make these repairs as they occurred, paying out of the cash flow, rather than having the owner fork over nearly 20K to make it rent ready again!

+ 1@Tomny Gunter and @Katrina Phttp://www.raleighheatingandairservice.com/what-causes-an-air-conditioner-leak/

I looked at a duplex recently that had one meter and the utilites were paid by the landlord, and there were 5 window air conditioners running with the doors and windows wide open.

., shampoo, conditioner, soaps, light bulbs, towels, etc.)Here's a calculator that you can use to calculate how much you're actually making from each property. 

19.⯠Carpet ⯠Paint ⯠Roof ⯠Cabinets ⯠Electrical ⯠Plumbing ⯠Plaster ⯠Sheet Rock ⯠Cooler ⯠Heater ⯠Air Conditioner â¯Window ⯠landscaping ⯠Clean-up 20.What do you think the repair cost will be?

17.⯠Carpet ⯠Paint ⯠Roof ⯠Cabinets ⯠Electrical ⯠Plumbing ⯠Plaster ⯠Sheet Rock ⯠Cooler ⯠Heater ⯠Air Conditioner â¯Window ⯠Landscaping ⯠Clean-up ⯠______18.What do you think the repair cost will be?

⯠Carpet ⯠Paint ⯠Roof ⯠Cabinets ⯠Electrical ⯠Plumbing ⯠Plaster ⯠Sheet Rock ⯠Cooler ⯠Heater ⯠Air Conditioner â¯Window ⯠Landscaping ⯠Clean-up ⯠______19.What do you think the repair cost will be?

19.⯠Carpet ⯠Paint ⯠Roof ⯠Cabinets ⯠Electrical ⯠Plumbing ⯠Plaster ⯠Sheet Rock ⯠Cooler ⯠Heater ⯠Air Conditioner â¯Window ⯠Landscaping ⯠Clean-up ⯠______20.What do you think the repair cost will be?

Everything cost $1000 even the air conditioner compressor--which I replaced as well.

And of course the air conditioners always poop out in the summers Because we invest tens of thousands of dollars into our business, and because we are responsible for other people lives, and neighbors,and neighborhoods  (Market Value)  what happens to them if our properties are not up to code or we are neglectful in some way?