That way he won't have as many refinance issues.There was a podcast not too long ago where they talked about a HML that doubled the interest rate after 6 months or 12 months or something ... just something to think about to light the fire (and make a little more for you in the deal, if it comes down to it).

Burnt out lightbulb, toilet flapper not seating, worn agitator dogs, bad ballast in fluorescent lights, faulty circuit breaker, leaking wax ring in commode, loose p-trap cap connecters under sink, modem has reset to factory default, thermocouple needs replaced on hot water tank, filters need replaced for central heat/air, ceiling fan needs balanced, lint trap on dryer is torn, source input needs reprogrammed on HDTV remove, headboards too close to wall and making impact damage. 

I absolutely love the points that @Henry Lazerow brought up.Totally my opinion, but if you can finance using either of these products and do a decent size rehab you will be light years ahead of most. 

What sort of deals and investment strategies are you looking to implement?

They simply just don't have the correct mindset and internal drive to implement this practice, the "WHY" is clearly absent. 

For example, charging an extra $100 or so per month, to be allowed to have pets.Ultimately, its up to you to decide whether you feel comfortable with tenants having pets in your properties, and as far the policies you implement, it all depends on how creative you want to get.

______Bath lights at 60 watts and all the same style bulb in place; if multiple bulbs, 40 watts can be used.

. $100.00Remove and re-caulk tub $75.00Replaced two light bulbs candelabra small. $5.00Master bedroom 17‘2” 12‘6” Minor point up throughout room Spot prime and paint as needed. $200.00Scrape sand prime paint and caulk three windowsills. $75.00Bedroom needs new hardwired smoke detector with 10 year sealed battery. $60.00Back bedroom 11‘4“ by 12‘6“ Mine are pulling up to our room. $45.00Paint entire room walls ceiling trim windowsills and doors. $250.00Remove and replace smoke detector with new hardwired 10 year sealed battery. $60.00BasementFront room 11‘ x 12‘ Wipe down walls and spot paint as needed. $75.00Middle room/hallway Remove and replace combo detector for 10 year sealed battery. $100.00Wipe down walls and light touchup on doors walls trim. $125.00Hall and stairs closet needs to be scraped and painted due to water/flaking paint throughout closet. $125.00Bathroom 5‘ x 7‘ no pop up on pedestal sink. $125.00Light touch up throughout walls trim sills and ceiling. $100.00Laundry room 7‘ x 7‘ Water damage on ceiling and walls.

Based on a video walkthrough, the property needs new paint throughout the house, new carpets in all the 3 rooms, new kitchen countertop, new light fixtures and i plan on resurfacing the popcorn ceiling. 

Multiple hard lessons, many smaller lessons, tons of processes started, implemented, & tweaked. 1 successful unit turnover, & 1 in the process of being turned over right now.