It's also impossible to ignore that COVID has crushed supply chains... and we are finally feeling the pain.  

I believe 80% of rent is close to a fair share of the pain threshold (assuming the tenant is not abusing the rules).Good luck

I know about everything discounted possible.The problem is the contractor and the investor are not on the same page.The contractor wants to install easy labor new material.The investor wants to buy material for cheap.Cheap material is a pain to install. 

A lot of houses have had the receptacles updated since they are easier to run, but re-running overhead lights are a pain and require some wall repair afterward.

I have a feeling this place is set up in a weird way, which I’ve learned is a pain to deal with.

They knew that changing software down the road would be a pain, so he bought the one he wanted to use out of the gate. 

It's not the end of the world if you have to start fresh but you will just want to be aware of that...additionally, migrating bookings is a pain the butt often especially when you have future bookings and/or deposits in their system.  

@Joy Shaw:Joy, I think you should change your name to Pain.

* If I identify a possible deal, is it bad form to reach out to the property manager directly and ask about the property's pain points?

I was a seller in a 203K transaction, and the reason no one wants to accept those offers is they are a huge pain.