They definitely all a challenge in their own way, replacing windows in sold blue stone walls is a treat, but the most frustrating issues are amateur rehab/repairs/maintenance over the many years that will haunt you.

My forte is finish carpentry, flooring, and kitchen cabinets.

(Assuming the deposit is higher than a months rent and they don’t destroy the place you aren’t at high risk for the 3 month window.)ps.

Sorry if some of this is TMIIn a nutshell, We own an adorable 3/2 about 1400 sq ft home with an even more adorable tiny house/guest home/ADU 200 sq ft 1 bath "studio" type place with kitchen, sleeping loft (1st one in county) in a sleepy coast side community south of SF that we need to sell. 

If you want consistent passive income, but also have construction experience, it sounds like you might do very well at buying slightly distressed properties that are good deals, then doing cosmetic fixes, like kitchens and bathrooms, so you can rent it for more.4.

I have one tenant who hasn't paid in 6 months, broken 6 of the 7 windows in the unit, put a hole in the hallway I just had skim coated and repainted, kicked in the front door to the point the jamb actually came out of a plaster wall, broke the glass window on their apartment door, broke the shower glass door, broke another small window on a basement door, kicked in a door leading to the mechanical room so their homeless friend could sleep in the room and subsequently died last week of a heroin overdose in said mechanical room.

Purchase price: $185,000 143 Seymour Avenue.2 Family with bonus- ( Newark, NJ )8beds 3baths (Unit1- 3/1, Unit2- 3/1, Bonus kitchen and bath in Attic 2/1)ARV= $360,000Repair Cost= $60,000Asking $185,000

My capex budget includes roof 25 year life span, appliances and hot water heater 12 year, hvac 20 year life span , bath and kitchen remodel 20 year life span, etc. i use 10%. 

We are giving our tenants an initial 30-day window of free rent.

The biggest area where I need help is the best style for siding, windows and trim.