Examples could include but are not limited to installing new/ improving driveways, clearing overgrown trails/ build sites, demolishing abandoned buildings, property cleanup, extending or having utilities pre-approved, etc.

Can't believe they would be profitable including those!

As I posted recently on BP, some of the units that I've owned included heat and hot water in the condo fee, which increased the condo fee such their fee was in the $380 monthly range. 

Any specific contract clauses or safeguards I should include?

For most lenders, they wanna see a 12 year lease in order to count the income to help your debt income ratio. there are not many lenders that I know of that will include short term or midterm income as part of the income side of your DTI. 

🏙️✨📍 Location: 1111 South Tryon St, South End (Zip: 28203)🏢 42-story apartment building with 409 units🏬 25,000 sq. ft. of retail space (including Charlotte-based Night Swim Coffee ☕)🏋️‍♂️ Luxury amenities: Fitness & wellness center, lounges, dining, private terraces & more!

🏙️✨📍 Location: 1111 South Tryon St, South End (Zip: 28203)🏢 42-story apartment building with 409 units🏬 25,000 sq. ft. of retail space (including Charlotte-based Night Swim Coffee ☕)🏋️‍♂️ Luxury amenities: Fitness & wellness center, lounges, dining, private terraces & more!

Purchase price: $305,000 Cash invested: $85,000 Gross Rent: $3,400PITI: $2,270PM fee: $340Basic heat (on boiler but tenants have baseboard electric heating they pay for): $250/mTrash: $164Water: billed quarterly and charged back to tenantsCash Flow: $376I do not include capex in my analysis.

I think the important thing is to follow the laws and have everything spelled out in the contracts.

I also have experience managing single-family rentals, including Section 8 properties.I am here to network, share insights, and connect with like-minded investors, lenders, and operators.