On the advice of the fireplace guy who did our last cleaning/inspection, we sanded down the brick inside and painted it with the high heat black paint, and it states in the lease that they may use a fireplace-style candelabra if they'd like, but any other use will trigger all the rules in the Fireplace Addendum.   

I have had thoughts and considerations of doing such a thing for some time but wondered would it be something worth doing, as in people would use it, find value in it, enough to offset the time and investment of self into creating and maintaining it. 

Although I probably get killed on transaction fees which is part of why I am not pulling the trigger (along with lack of time to execute well).There are games you can play for increasing your returns in the stock market (sector rotations, rebalancing, being a good company picker) but you lack operational control. 

They both are nurses and didn’t pull the trigger.  

Thanks for your replyWould you be interested in taking a look at the property details for your consideration/review. 

It's going to vary depending on your own income outside of investments, your age, your ultimate goals, whether you want/need the income to live off of, and all kinds of other considerations.

This can indeed provide a steady income stream and considerable financial stability over time.

Sure enough the rehab ran over budget (we had a large contingency that was used up -- some due to contractor malfeasance, some due to pulling the trigger on big repairs like a new roof) and the revenues were right around expectations, maybe slightly below.  

While they typically have considerable deferred maintenance, we're getting great terms.

No trigger will materially change demand: What's notable about the last two and a half years is that rents have largely stayed flat.