This might entail making improvements to curb appeal, kitchens, and bathrooms in order to draw in better renters and raise rents.Long-Term Appreciation: Take into account real estate in communities that may see long-term growth.

Read as much as you can about real estate investing to improve your knowledge.

I hear Philadelphia can get really cold so if they are taking showers and cooking with no ventilation then they might have mold but it is on the tenant. 

Super curious of any hiccups or possible room for improvement. 

The policy will cover the Existing Building normally at Actual Cash Value (depreciated value) and the improvements you are putting in at Replacement Cost.  

It also provides coverage for the improvements being made on the Rehab.  

I have a tax question regarding how to report my rental income when my tenant made and paid for improvements and I am reimbursing them by lowering their monthly rent. 

So, ballpark figures are from electrical, plumbing, flooring, drywall, and ventilation. 

What have you done to market and improve the land?

Overall, things have made a ton of improvement over the last 10 years and it's only getting started.