It solves the problem of expensive housing, makes the employees available if the business needs them at any time (with overtime benefits) and eliminates the commute. 

Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).

The later is critical to protect your investment.

Home equity is the difference between what your house is worth and what you owe on your mortgage.

Went a bit heavy on the annual taxes due to the increase in the area the past few years.

For many years, I've been studying and following this community to dive into the world of real estate as an investor.

Oh wow, absolutely love all of these tips and details!

How did you add value to the deal?

In order to do this you need to have deal flow and you need to know 1) How to recognize a good, profitable deal, 2) How to put together funds quickly to buy the deal before someone else does and in such a way where you are protected and the deal is protected, 3) How to run the project so that you follow the budget and don't overspend or overbuild, 4) How to attract an end buyer or a renter and which documents to use to protect yourself and the buyer, 5) If you are going to keep the property then you need to know how to set up the property from the start to best help you in the refinance later, and 6) You need to know how you are planning on managing the property from the beginning in order to make sure it will be profitable at the end.

Esprit if it's causing issues with other (good) tenants and they aren't following the rules of the lease I wouldn't renew.