Tell me something that I don’t know.The surefire way to discourage feedback on your question is to get belligerent with members who reply.Location is critical in the ability to achieve the advertised returns. 

A truck hit our garage and we were completely without the ability to fix it in  a timely manner due to the time of year could not get a decent contractor to work on it We desperately want to relist but we understand that the property history given what it has become is a major deterent and we feel that we will continue to go round and round.

I have found the people who are not comfortable within the investment arena are those who are very cautious and not comfortable with their abilities to solve problems.  

i was looking to buy a house to live in and i saw the ability to rent out the garage space so it was perfect.

When you have businesses that are hands on, like the photo and furniture businesses, it would be very difficult to set up both at the same time.REI does have the ability to have multiple streams though

It's too small for them but the property prices here have risen faster than their ability to save the down payment.Regarding the OP's question, if I was approached I would install new flooring if the tenant wanted to purchase it.

Through research we started learning that a portfolio loan with a cash out refinance would be ideal for a number of reasons:1- Interest are historically low 2- 4 homes had a 15-year mortgage (great for a good interest rate but were killing cashflow)3- Cash out- ability to pull out $264,000 to reinvest in more properties4- 4.7% interest rate on a 4.7M loan5- Non-recourse* In my opinion, 1-4 are a nice to have but number 5 was necessary for us to continue to scale.

If you are willing to do cosmetic updates the ability to get 1% rule is definitely doable now.

Fast forward a week later and I get a bill of 420$ from the city.

Its focus is the financial side of pm which is excellent, however, it does not possess features for maintenance logs other than my ability to upload my own completed spreadsheet for storage purposes.