Pillar 02 — Maintain & Repair
Maintenance & repairs, from a rental-property perspective
How long should it last, how much does it cost, and should a landlord repair or replace it? Four inspections a year, a component lifespan table, and a funded reserve turn the majority of surprise repairs into planned line items — and connect each component to the right products.
Seasonal checklist
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Spring
March - MayWater intrusion and cooling readiness
Summer
June - AugustExterior safety and pest control
Fall
September - NovemberHeating and freeze protection
Winter
December - FebruaryLife safety and moisture monitoring
Component lifespans and replacement costs
Typical ranges for a single-family or small multifamily rental in average condition. Record the install year for each component at each property, then divide remaining cost by remaining life to get your reserve contribution.
| Component | Useful life | Replacement cost |
|---|---|---|
| Asphalt shingle roof | 20 - 25 yrs | $9,000 - $18,000 |
| HVAC condenser | 12 - 18 yrs | $4,500 - $8,000 |
| Furnace | 18 - 25 yrs | $3,500 - $6,500 |
| Water heater (tank) | 8 - 12 yrs | $1,300 - $2,400 |
| Interior paint | 4 - 6 yrs | $1,800 - $4,000 |
| LVP flooring | 10 - 20 yrs | $3,500 - $7,000 |
| Kitchen appliance set | 10 - 13 yrs | $2,200 - $4,500 |
| Vinyl windows | 20 - 30 yrs | $450 - $900 each |
