Your questions have their basis in C-Corp taxation, which functions the exact opposite of an S-Corp in almost every significant way.The main difference is that a C-Corp pays taxes on its profits, whether they are distributed or not.  

It looks a little more polished, but I know Quest is functional which is what is important.

It seems to be a function of type of neighborhood (A,B,C or D), CapEx schedule, macro trends, and other things I do not yet know! 

Is there a dining room that could be turned into a bedroom without disrupting the functionality of the house?  

The unit is currently in deplorable condition, including 40-plus-year-old windows and a non-functioning furnace.

on our lease, we have a section that tenant has to initial that smoke detectors are there and functioning. 

@Bill Gulley  I would argue that my BS meter was on and functioning well when this strategy came across my desk!

@Paul Kessenich- in Nashville, the target market for these larger home is bachelor/bachelorette parties and other larger social functions (reunions, weddings)That is another degree of risk for long term.

I also look forward to offering any advice or feedback in areas of home renovation, design and function, where I am knowledgable.

@Chris McMahon have you tried the "Meet" function on the site to look for members in your area?