The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

@Bruce Woodruff, I want your extras added to this list first please.Anyone else have some good ones to add so we can help those who are in the middle of their first reno from losing more money? 

Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date

I can easily grade, gravel, and fence off the rear 2 acres for outside storage that would easily bring in an extra 4k a month.

Something draining cash that I propose to take over and pay the owner some extra cash, that I can’t understand.  

I have been lurking on here forever, but just recently became a member so that I can access all the extras.

I don’t know what the rent is or how much longer he has on the lease, but $5k at a little bit extra every month would take quite awhile to make up.

Usually no extra cost to me.

What else could you do with that extra $150,000?

Just making extra monthly/periodic principal payments is good enough for me :)Of course, you need to be a "saver," not a "spender."