Look, we get it. Maintenance isn’t glamourous. In fact, it can be boring. And it diverts dollars from projects that are more appealing or immediately profitable. But that shouldn’t be confused to mean that maintenance doesn’t matter. Think about your car. No one gets excited to change the engine oil in their vehicle. But we do it because the vehicle manufacturer and expert mechanics tell us that if we don’t we’ll start to have problems. At first, the engine will run inefficiently. Then, certain components will warp or wear out. Finally, the engine could seize up altogether. It’s the same deal with real property maintenance. An unmaintained property will experience operational inefficiencies or devaluation of the property. Unaddressed, systems will begin to wear out and begin to fail, necessitating expensive repairs. Further neglect causing compounding problems, where one unmaintained element causes more widespread failures, multiplying expense and
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