Luckily my house has swimming pool, spa and it is very specious, surprisingly it was very popular.

We lived in the property for two years while we slowly renovated interior, landscaping, as well as resurfacing the pool, and added privacy with a new fence.

Whereas the neighbor's insurance company or the neighbor may be found responsible for paying future damages caused by their trees.I have a rental house with two neighbors large trees overhanging on both the side fence and also the rear fence encroaching toward my newly re-screened pool cage.

She devalued my old barn because it needs serious repairs and counted towards the usability of the house and she did the same for the pool that needs to be relined.  

Then, I paid $172,000 Cash for a 3/3 like new Townhome in a small, gated Community, with garage and pool in Valrico.

Is there an investment group we can join to pool money and work on properties together?

Some people want flash with hot tubs, pool tables, swimming pools, kayaks, and brand new.   

Limited resale pool, and most "cash buyers" actually use hard/private money and they typically don't want to lend in 55+ communities. 

There is also the exit when you sell the property if it's in a heavy student area you are may limit your selling pool to other investors.  

I would prefer the risk of a renovation to upgrade a building as opposed to location risk with a high risk tenant pool.