Unable to estimate appreciation potential because it’s brand new and no room to add on or make improvements, but over time I do think some appreciation due to prime location.

I’ll work on improving his presentation, confidence, and charisma (Lord help me, lol).

https://www.clevelandohio.gov/city-hall/departments/building...A few properties are still registered, you can check them here: https://aca-prod.accela.com/COC/Default.aspxIs this an intelligent method of getting a rental registration and improving the city?

I will say nobody deserves more appreciation than a good lender and that knowing where to take a customer with a certain property or profile has made a substantial difference in my business and client experience. 

It helps the GC to have an idea of what you want to do, so yes, if you want to spend money on an architect to do a conceptual site plan and a civil engineer for site improvement plans, you could do that.

Check out my profile and see what value I may be able to provide.

If your unit is more B/C class where you can attract lots of decent hard working entry level to middle class workers then I would focus on improving the units to capture those kinds of tenants and oust the trouble makers you have. 

I am excited to hear of their improvement and hope it will work for me.

Still learning a lot as we continue to grow and improve. 

However, if the renovation significantly improved or upgraded the property, you might need to capitalize it as an improvement, depreciating it over 27.5 years.If this was STR, you could write off the improvement under bonus depreciation as well.