Spend Money Upfront and Save in the Long Run
Make your rental home as durable as possible and avoid costly repairs and turnover expenses by doing the following:
- Get rid of carpets. Instead, install hardwood, tile, or vinyl flooring. These products are more durable and easy to clean and will last longer than carpet.
- Get rid of home luxuries that are not needed. Examples include water softeners, humidity systems, reverse osmosis systems, security systems, swing sets, etc. Repairing items like these can be expensive considering that they are not even necessary in rental units.
- Simplify the landscaping. Use shrubs that are durable and resistant to extreme weather conditions. This will keep the property looking good and require very little attention.
- Simplify the paint. Use two colors at the most to avoid complicating touch-ups. Use a satin or semi-gloss sheen as they are easiest to clean and are more durable.
- Use door stops. Liberally use door stops and bumpers to protect against dings and scrapes.
- Utilize mudrooms. Create a place for tenants to keep wet clothing and shoes to prevent it from coming in the house.
Referenced from http://www.american-apartment-owners-association.org/