Always operate with a margin of safety to maintain profitability.

These are things that seem to have no relevance to safety or habitability and I don't know how I can push back unless I have to get legal representation

I understand that these are much smaller figures than what people use for 'back of the napkin' math, but our focus is on providing hard data, and then investors are able to inflate their 'safety net' figures to their comfort level. 

We were doing our best to manage the warring priorities we were (and still are) being faced with and the health and safety of our tenants, staff, vendor network, etc. remains the priority.

Things like population trends, industry, price points, safety and schools, and job growth all directly affect the risk of an investment property.

I think it is important to have cash as a safety net, but the goal of a real estate entrepreneur is to find and creatively structure deals that can reduce out of pocket expense.

@Tomiko Graves it a fire and electrical safety issue.

We charge 10% on repairs over $100, the owners generally authorize us to do repairs up to $250 without authorization unless it is a health and safety issue.

@Mat O'Grady - condition G, it’s a Connecticut law although I’ve never used it.No landlord may bring an action of summary process or other action to dispossess a tenant described in subsection (a) of this section except for one or more of the following reasons: (A) Nonpayment of rent; (B) refusal to agree to a fair and equitable rent increase, as defined in subsection (c) of this section; (C) material noncompliance with section 47a-11 or subsection (b) of section 21-82, which materially affects the health and safety of the other tenants or which materially affects the physical condition of the premises; (D) voiding of the rental agreement pursuant to section 47a-31, or material noncompliance with the rental agreement; (E) material noncompliance with the rules and regulations of the landlord adopted in accordance with section 47a-9 or 21-70; (F) permanent removal by the landlord of the dwelling unit of such tenant from the housing market; or (G) bona fide intention by the landlord to use such dwelling unit as his principal residence.

Families who need more safety, folks who have dogs and want a yard, a teacher looking for peace and quiet and a more affordable place to rent, etc.The applicants we've had apply (143 so far) have held "gold nugget" tenants, including hard-working blue collar folks, professors from nearby college towns, and young, reliable tenants who need something more affordable than in the hubbub of the cities.