The best deal I did this year so far was a very similar condition (old guy moving into assisted living center).  

Do that over and over and over and it becomes the Renter Center of homes.

Space is attractive, with a large atrium in center that provides an open, light-filled, airy feeling. 

(PS - don't forget the influence of the local Historical Commission, aka the Hysterical Commission)That said, renovations make the most sense when they are similar in the level of finishes to the homes around them.For example, Brockton (especially center-east) is an area that you would expect Kenmore or Frigidaire. 

My question is more centered around the demo/framing portions of the projects.

Find a local broker that is doing retail leasing or sales in similar type centers to help you.  

Hi all,Been on the house hunt this year for my first property, a duplex in Austin for a house hack.Obviously it is very difficult to find a cash flowing rental in Austin proper; but, we're not really interested in moving out too far from the center of town, for lifestyle reasons.Looking at one potential property, and it looks like, factoring in net rent from one half  of the duplex, property would 'cash flow'  -$2000/mo (FHA loan, 3.5% down). 

I don't consider the leasing fee a profit center given the value of my time, prepping the property, showings, lease, move-in and then the first month or two is generally higher service volume with a new tenant.I believe in most situations we are far better off keeping the tenant happy enough to want to stay put and avoid the turnover.

Nice area, within 45 minutes commute to a city center.  

ST Louie is one of the oldest cities in Mid America, near town center years ago people warned me not to venture there even in the car.