Ideally the seller should rectify the peeling paint themselves, however I have observed instances where the buyer completes all the work to meet FHA guidelines.

For instance, the toilets, vanities, light fixtures, flooring, tile, backsplash, etc.

For instance, when I wanted to improve my golf game I went to an instructor, and they were able to point out things I was not aware of and help to focus my time and efforts into productive practice sessions.hope that makes sense and sorry for the long reply..

I am trying to calculate my cashflow but one subject I still do not quite understand is how landlord instance works.

In some instances, it is all about speed and timing.

For instance, most people buy off MLS or list price but more experienced investors can get better deals based on their market connections to acquire properties below list price. 

For instance, a few years down the line, you can decide to sell 2 units (2 SFRs or 1 duplex).

For instance, if the property is located in an area that has predominately colder weather, having a pool and club house maybe isn't a high selling point for a potential renter. 

For something more important, like in this instance, I'd also snail mail a letter.

For instance, I am meeting a realtor and Inspector at a home today that one of our current clients has put an offer on.