Have you over or under improved the property based on the comps and immediate area? 

I had already been doing projects on the house and over the course of about 8 years I had made quite a few improvements.

These updates modernized the property, improved its curb appeal, and significantly increased its market value.

Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.

These updates improved the property's appeal and increased its market value.

These updates modernized the property, improved its curb appeal, and significantly increased its market value.

Hey Manas,The Tenant Improvement (TI) allowance is typically negotiated between the landlord and tenant and is used to cover the costs of customizing or renovating the space to fit the tenant's needs.

We have been fairly aggressive with price negotiations and seller concessions to contribute towards costs and improve Cash on Cash returns. 

learned a lot about construction and improving my efficiency and knowledge.

Use the opportunity to improve your lease.