Depends on how easy they can transformed into residential units

Would love to see the transformation 

On the other hand, I really want to get the tenants from the A areas that are willing to live in a B-/C+ area which is close to A areas and is itself transforming.

Perhaps find one that manages a property that you wish to transform yours into. 

Over time, this investor transformed their initial wholesaling profits into a thriving real estate empire.Conclusion:In the ever-evolving landscape of real estate investment, the ability to adapt and innovate is key to success.

So to name but a few of my favourites:The Opera: https://www.sarasotaopera.org/ we have our own dedicated Opera House and the company is more than proficient..I had my own seat at The Royal Opera ( well I believed it was my own seat....) and Glyndebourne and I'm a terrible snob when it comes to Opera ( mainly because I'm passionate about it) and the Sarasota company certainly perform.The ballet: https://www.sarasotaballet.org... we have Iain Webb, who, if you are an aficionado you will know is truly excellent and has transformed the company - I have to say they are superb and I try to see everything they produce.Sarasota Orchestra: https://www.sarasotaorchestra....very talented bunch, some world class musicians with a passionate and driven management company trying to establish, amongst some obstacles, their own home here...they offer a variety of performances and have a rich programme of participation with the community - I support them from one of the Boards that I am on and they change the lives of people who have always wanted to play with their programmes, it's something else to see a 75 year old woman perform her first violin solo in public...Foodies and Sarasota: I couldn't even begin..a very vibrant scene here..https://www.sarasotamagazine.c... this will give you a taste Best restaurants: https://www.sarasotamagazine.c... we have a slew of glorious eateriesWine: We have 4 Wine Spectator Award of Excellence restaurants, and many restaurants with excellent lists, tons of tasting events and festivals, we also have a cute restaurant that runs a programme to help you curate your own wine and make it yourself:https://www.goodfellassarasota...Festivals : again too numerous to list but we have a mix of national exhibitions that tour down here and local artists and artisans that perform, exhibit, here's a taste: https://www.visitsarasota.com/.....we also host the Internationally renowned Siesta Key Crystal classic Sand Sculpting Festival which is - I must say - a spectacular event - incredibly beautiful sculptures that exist for a brief moment and then are swept away by the ocean..it's exquisite..especially at night when everyone has gone home and it' s just the moonlight on the beach and the sound of the ocean and you're staring at Neptune himself...https://www.siestakeycrystalcl...We have a Polo club, large sports stadium, Orlando down the road...I could seriously go on and on...Needless to say it's gorgeous...

By leveraging insights from organizations like NPLA and AAPL, industry participants can navigate this transformation strategically, ensuring continued growth and resilience in an ever-changing financial environment.

On the other hand, if the population is static or declining, it may be better to sell the property.What to RenovateRenovation is the process of transforming a property to increase rent, decrease the time it takes to rent, and reduce maintenance costs.

I am reaching out to you seeking your valued expertise and insights on a unique property challenge that I am currently facing in Salton Sea, Riverside County.The entire 20-acre property has undergone a significant transformation and is now entirely submerged in water, with the distance from the submerged area to the shore spanning approximately 20,000 feet.In light of the unprecedented challenge presented by the property's current state, recent assessments have indicated a compelling value proposition.

Purchase price: $490,000 Cash invested: $80,000 Sale price: $660,000 This was our first flip on the central coast, we were able to take a junk house and transform it.