I don't have much experience dealing with craigslist postings for property but it seems to me that you would want to get into an actual discussion fairly soon vs e-mail negotiations.

How I Took Tenants From the CompetitorsRecently I initiated a discussion about how I was more competitive without debt.

Capital gains are for investment purposes and business property that is held over a year.Income from flipping is also subject to SE TAX. which includes both halves of Social Security and Medicare(Employee and Employer).

I'll add that it used to be called the 65% rule.Rentals have their own rules of thumb, discussed all over the place here for both SFR’s and MFH, but of course you could add any other “rules” that suit your investment criteria.

If tenant brings it up however, I would explain that "after discussing the situation with your attorney, since no one was hurt and there was no property damage, replacing the defective appliance is all that's needed to bring the living space back into compliance with the high standards of safety that you strive for in all your units."

Just spend the time on this site- podcasts, discussions, resources and it will be profitable for you.

Several of the owners and I have discussed the idea of setting up a HOA to improve neighborhood conditions, and improve desirability, etc.

But, since I'm taking a buy-and-hold strategy - is this germane to the discussion, even?

That is really not the same thing being discussed here.

Here is the link to the discussion that inspired this post:https://www.biggerpockets.com/forums/48/topics/93143-what-would-you-do-with-10kThanks to Dev Horn and K.