Obviously it depends on the property, so some areas I’m thinking can be improved are window replacements, exterior painting or interior painting.

Basically treat this like any tenant who tells you they are just choosing to not pay rent.They are probably hoping you give in and let them use the deposit for the last months rent which is obviously not recommended.

@Trevor McDonald we absolutely have LOTS to choose from. 

Feel free to message a couple for a consultation and choose an accountant that you feel connected with.

There are what are referred to as self-directed IRA (and 401k) plans that allow the plan to diversify beyond conventional stocks and into real estate and other non-traditional assets.When an IRA invests in real estate, it is all about choosing the best path to grow the IRA. 

A few thoughts on the subject of looking for a different location to invest in.I would say there should be nothing random about how you choose an investment area.

Should you choose to sell, it would be my pleasure to assist you.

Once the lease is up you can choose not to renew, raise the rent, whatever as long as you're complying with local law.Regarding the A/C, I would get an estimate on replacing everything and take that into account when making my offer.

Purchase price: $112,000 Cash invested: $18,000 Sale price: $154,000 Sweet little paint, flooring, kitchen and bath flip.

If you care about your investment simply choose not to rent to anyone that does not meet your requirements.