I own a commercial unit, and I’m trying to determine a fair rental rate for the space.

Are there any guidelines or best practices (ie: rewiring such a property would be more valuable than updating insulation).Is it something you need to ask the insurance company about to get, or is all this determined in the initial interview with the potential insurer?

There are far too many regulations, the transaction is a much longer process, and we are talking about someone's biggest purchase.

Ordinarily those tenant vacated damages would be too remote, but it sounds like they were contemplated by both parties at the time of contract.Were I in this situation I would be looking to state law to determine if the EMD is truly the extent of my potential liability as a buyer. 

-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

When considering refinancing, also factor in the closing costs of the new mortgage to determine if it actually helps you.

This is a house that I’d tell others to run from, but since we already own it we’re just trying to determine best options.  

Then you can determine if you made a profit, loss or broke even.Determining your sales price can only be determined by the market. 

.: @Bill Hampton @Zachary Jensen @Benjmin Weinhart @Sean O'Keefe  Thank you so much, the expenses are legitimate and I am only traveling due to the investments I want to purchase San Diego.

Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.