So we then  painted the whole joint, repaired the rotted fascias, replaced the ancient AC/heater, new pool pump equipment, new concrete driveway to replace the crumbling asphalt, new landscape, updated bathrooms (resurfaced shower, nice, new cabinets/sinks, but off Craigslist), more new flooring extended throughout the entire house... even some upgraded pool furniture and a nice BBQ outdoor kitchen as we were told we are in a high end area that requires these types of amenities. 

Lastly, locally @Todd Grill is a great person to talk to. 

The plan here is to hold the building and, down the road, if/when the main tenant leaves, convert the first floor into a small bar w grill to be owner/occupy.Issue: over the past three years, the current owner has spent $28k on upgrades, improvements, repairs (bringing building up to code, ADA compliance, sprinkler work, window installs). 

And by due diligence I don't mean just grill the turn key provider.  

One thing I noticed is that the other listings in the area are in newer buildings which in turn have newer amenities; gym, secured parking, manicured grounds with BBQ's, perhaps bikes or kayaks available.

City ordinances also apply and you can use that for backup.Items stored outside have to be either lawn furniture or grills or it's simply not outside,, stacked next to or by or behind or under the house or garage.

Not planning a pool, but will have some playground type stuff and bbq areas, but nothing requiring too much effort/upkeep.Also considering a small mixed-use component at the front for some light retail/commercial.Thanks,Wade

I would recommend the Jet Lending meet up at the Texans Grill, great networking event.

Also I would start looking for guys who's wife won't let them get a cabin/muscle car/New BBQ deck etc until they get rid of their pontoon boat.

The analogy here is going to Denny's with your own bacon & eggs and asking if you can use their grill for a few minutes.A better strategy might be to find an investor friendly Brokerage that will do that for you as a service in exchange for your business.It costs an agent a considerable amount of money at start-up and in annual fees to be able to do what you want to do for free...