At least thats what we told ourselves during covid :) But unless the guy took a wrench to it in anger your tenant is likely blowing smoke about the damage.

I would go ahead and replace the hot water tank if it’s from 2006… it’s probably about to blow.

I find old dried up food and dirty floors disgusting.

I want to move to LA - but instead of blowing my whole paycheck on a closet-sized room, I thought of working a deal as someone's property manager to work to pay for my rent. 

Worse is if they accept it and you go through the motions just to have underwriting blow it up.In short I would move on and try and find another property.

But possibly construction garages or larger dry storage...??

I didn't charged for having them but now I'm reconsidered to charge a monthly fee they do pick up after them but the yard does need some maintenance grass brown spots and dry urine spots on the concrete would it be right from not charging them to charging them I plan to once the lease is up.

As a passive investor, what ROI would blow your socks off and make want to jump on the opportunity?

Fannie and Freddie both cap 2-4 unit investment property cash out refinances at 70%.http://www.freddiemac.com/sing...https://singlefamily.fanniemae...So if you want a decent terms (rate, fees, etc), that's your cap and there is no point in shopping around for a higher LTV.There are wonky non-Agency loan options out there that will go higher, and boom that's the sound of your rate and fees blowing up on you, maybe other stuff as well such as prepayment penalties. 

Blows your whole pro forma.