I am in the process of transferring to the new, more functional one that has way more bells and whistles. 

It's as much a function of opportunity cost as it is simply looking at an individual asset's performance.$1000 rent is $12000 annual with $4k - $6K in Taxes and insurance

Add that to the burners, fridge, microwave, and sink and you have a functional kitchen.

Dogs whose sole function is to provide comfort or emotional support do not qualify as service animals under the ADA."

Structural & functional items usually need permitting (framing, roof, electrical, plumbing, etc), whereas flooring and landscaping do not. 

That is the job of the owner to be sure the systems function and proper preventative maintenance is preformed .

knocked down a wall to make larger and more functional living room, remodeled galley kitchen with laminate counter-tops and tile.

knocked down a wall to make larger and more functional living room, remodeled galley kitchen with laminate counter-tops and tile.

Things we've had flagged in the past are having dual sensor smoke detectors installed, all windows must open/close, torn window screens, functioning garage door, fire extinguisher present in kitchen, floors/walls must be in good repair, 2 prong outlets if no grounding wire is present, etc.

Obviously the house and cottage are functional right now.