If you have any questions or want to learn more about how we help clients all over the world that are looking to be passive investors then we should set up a call to discuss.Good luck as you start this exciting journey!

I am not sure whether my understanding about Chase commercial lending rule in Bay Area is correct or not.

If a dishwasher is 15 years old and the tenant destroys it, you can't really charge them much because the appliance is beyond the life expectancy.To learn how to determine charges for cleaning and repairs, you can read my book in my signature, Brandon Turner's Managing Rental Properties, or NOLO's Every Landlord's Legal Guide.

I've worked on a couple warehouse deals, not sure if you have a single or multi tenant and what the lease terms or time left on the lease is, but to @Henry Clark s point, that kind of cashflow return for that type of initial investment is awesome. 

Maybe a fresh coat of paint, flooring, unless what's there now if salvageable, make sure your electrical and plumbing  are in good working order.

I would make sure your numbers are solid and that the deal would make sense and is lucrative for the investor. 

If you're going to renovate you want to make sure that the cash flow and equity is worth it. 

I'm not sure your cash flow is accurate.

Wifi runs me about $100 a month (I'm sure you can get cheaper service) but generally, don't step over dollars to save pennys.

I want to say an indisputable "No", like the others, but hopefully this isn't a case of the old landlord being upset about something else and trying to bad-mouth the woman, but I'm not sure how you could verify that.