Just maximize your downtime to plan for all of the things you need to put into action as soon as you close to reduce vacancy and have processes in place so you dont need to scramble...

I have read a lot of personal finance books that talk a lot about reducing expenses, but I particularly like your philosophy of trying to eliminate big budget items for Americans like transportation and housing while spending more time on going out with friends.

(Too bad you can't expand that and reduce footprint of the tub.)If there's $, a wall mounted towel warmer could be a nice upgrade.

So total is around $820.This reduces my net/net from a $1100 rent. 

If you go under for financial reasons, it hurts a lot more than having a tenant move out of an apartment building since there are less people to reduce the burden and the vacancy period is longer.

This has reduced cap rates, increasing values tremendously, and with the continual influx of capital out of "less safe" investments into "safer" investments such as multifamily, cap rates should continue to compress, only lifting valuations higher.All this is to say, that in my opinion, Multifamily is still a great asset to invest in.

Your best recourse may be nonpayment or a reduced payment. 

Will look better and reduces wear.2) Can't tell by the pics but paint if needed.3) Box in the vent4) Remove the blinds and install wood backing so tenants can put up curtain rods without damaging wall.5) If not there already, install a door stop so it doesn't damage the cabinet or counter.6) spend the $1 and color match the outlet wall plates.

To reduce cost of new carpet. take measurements of carpet area. 

http://www.homedepot.com/p/SharkBite-1-2-in-Brass-...Also, if my current galvanized pipes are 3/4", do my new CVPC or PEX need to be 3/4" too or can I reduce it to 1/2"?