While they have motivation, other than property maintenance and taxes, they aren't "paying for it every day they hold it".

I'd check on deferred maintenance though, as well as if those are actual number or pro forma.Last thing you need is "well those were market rents, the total income CAN be $554k but is currently $400k", or end up needing a new roof.

If you can self install easily, ducted hoods work so much better.Personally I'd skip the ceiling fan and get an 18" 2000-2500 lumen 4000k led light to save on long-term maintenance and provide better kitchen lighting $50 on amazon.

Exterior maintenance-lawn/snow and landscaping.  5.

Good Day All,I am looking to purchase a home that is being sold "as is", and has the common "do not disturb tenants" sign.

It too needs updating, probably some maintenance but I’m not sure how deep the rabbit hole goes.

Right now, I hire 2 full-time employees to do the remodeling work for me, and they do maintenance calls, as needed.

Do you agree or is it very common to charge tenants for renewals?

I know when I served in the Army about 8 years ago, if you got deployment orders it was VERY easy and VERY common to get a letter saying this so that you could break leases.

You mentioned the building is fully leased, so your income is most likely going to be fixed until the end of those leases, whether or not you put in money for repairs. 75-80% is common LTV on commercial loans.