Return:Finishing the basement and adding bedrooms can add significant value, especially if your local market places a premium on additional living space.

There will be no assessment for increase in taxes or insurance so remains at $1935.

This will help you assess the value and avoid surprises down the road.12.

Growing demand for rentals in neighborhoods like Midtown and Corktown provides consistent cash flow, and government incentives such as Opportunity Zones further enhance the investment climate.To add my perspective, it’s important to conduct thorough market research and assess trends carefully.

I usually have very low turnover so I was hoping to organically grow my presence and name brand so that I had more visibility in the marketplace.

Many investors prefer to work with experienced local property managers to oversee day-to-day operations and ensure the property is well-maintained.For apartments, they can be solid investments due to economies of scale, but it's important to carefully assess the location, rental demand, and potential for appreciation.

Your assessment is fair for sure.   

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.

Plus you’ll have experience and can better assess what you want to do next. 

There will be no assessment for increase in taxes or insurance so remains at $1935.