Man that price for the laminate installed seems excessive.

When I told prospective tenants I live in the building and am constantly working on it, not only did it attract anybody that might be on the fence, but also weeded out anybody who might be into excessive partying or illicit activity as these people usually like places where the landlord may only drive by 1x per year.

While I agree that bedrooms make more since as you can have more roommates, but if the home is overly inconvenient, they may not stay long and you may lose the extra potential in excessive vacancy.Your economies of scale are not including vacancies.

LL cannot deduct for usual wear and tear, but only damage in excess of that. 

If you are open to roommates you could each put your extra bedrooms on Airbnb for even more excess cash.

We are fairly frugal at the time being and push all the excess into down payments for more investments.  

The condo is located in NJ.Just 2 weeks ago the condo above my unit had a failing washing machine that caused excessive flooding in my unit.

Found an interesting article about Mechanics liens explaining how they can be used to generate huge yearly returns in excess of 200%.

If the amount of taxes, assessments, interest, and penalties actually payable when the deed is transferred to the purchaser exceeds the county treasurer's estimate, the officer shall certify the amount of the excess to the treasurer, who shall enter that amount on the real and public utility property tax duplicate opposite the property; the amount of the excess shall be payable at the next succeeding date prescribed for payment of taxes in section 323.12 of the Revised Code.

There was a time where we had foreigners come and have a 3 day party with all excess that you can possibly imagine.