Previous owner wanted to send the bank a message, he also drained his pool and threw a fridge into that.

Probably not so after a few years in Cali    In 25 years he’ll replace 36 hot water heaters instead of 3. 12-24 roofs, countless fridges, stoves, toilets  No doubt he’ll need a managing agent.

It's tough to get good deals at the suites like Embassy, Homewood, etc (you can't beat free breakfast, free dinner and drinks 4 days a week, and a full fridge and hot plate in the room) but all other properties seem pretty empty to me.

I have tenants who just moved into my condo and are requesting compensation for: (1) repainting (I had to repaint a wall in a different color than they originally saw when I took down my speakers); (2) loud bathroom fans in each bathroom; (3) Ceiling fans that are outdated but functional; (4) wall wiring so that their t.v. does not reveal the wires; (5) fridge filter which admittedly was old and they noted that my flooring has a soft spot but did not request replacement (yet!).

I had a thermometer chart on the fridge and would take the fam to Costco for hotdogs to celebrate pay-offs as we went.  

Obviously contractors have different costs all over the nation, but if I'm doing new flooring/paint/appliances ignoring kitchen hardware we are looking at:Flooring: 1000 sq foot RENTAL --- RENTAL quality flooring $2,500/unit = $5,000Paint: $650/unit (or do it yourself if you want to save on some labor) = $1,300Appliances (Installed): Fridge $550; Dishwasher $425; Stove/Oven $550 X2 of everything = $3,0505% Downpayment assuming list price sale: $5,600Closing costs (2.5% of sales price): $2,800TOTAL INITIAL INVESTMENT: $17,750Cashflow (assuming your expenses and rent hold): $200/moCash on Cash return: 13.5% --- GO GET THAT IN THE STOCK MARKET!!

I opened the fridge and food literally fell onto the floor.

The cable and internet were on and there was a fresh package of lamb shanks in the fridge!

One could remove the fridge from its place and sprinkle a layer of "Boric Acid" under the "fridge area".

Tenant is fully responsible for the fridge entirely.Nothing else.