We provide the tenant with an estimate of the costs to paint to their chosen colour (work must be done by one of our regular trades/subs) and the cost to return the room to our standard colour when they move out.  

I heard an interesting strategy by a local apartment complex recently and thought it was worth sharing.

To go the extra mile and really wow their tenants they allow you to choose the colors of two accent walls in the...

Also, when looking at vacancy, look at the economic vacancy (incentives, bad debt, evictions, loss to rent, etc) and not just empty apartments.Strategy:  With the numbers above verified, you should be able to paint a relatively correct picture of the property as an operating business.  

Only costs about $300 to install so it should be what goes in before appliances get installed and immediately after interior painting.

He mentioned he would settle for mortgage balanceIt is a 2bed 1bath colonial style house Paid $75k with 20% down back in 2007It has a mortgage balance of $49kAccording to seller the house needs cosmetic fixes (paint, refinish hardwoods).

Expensive, but I wish I had found it prior to painting the whole house! 

Should have taken off work and painted it myself (with my boys), as well as refinished the floors. 

It is being rented for $1300 a month and needs little repairs (paint, flooring) about $7,000 -$10,000 in repairs, if that.

Drop by HomeDepot and somewhere in the paint section is Mold remediation spray.

I have rewired 2 houses and working on a third and painted many inside and out along with countless carpentry fixes.