Lower risk generally translates into a lower return.

(Obviously it'll be a little more complicated than that, which of course translates to more legal fees...)

The new manager can review the details of your situation and help translate what's happening with your funds and what your management agreement allows for termination.You have a valuable asset, it's very important that you always feel your best interests are the priority of an agent you choose.

He doesn't speak English very well so his adult daughter will be our translator.2- Send him a letter of termination of the current month-to-month lease with 60 day notice and offer of a new month-to-month lease at the new rate & terms, to be effective in 60 days (to coincide with end of his current lease).

How to use this “prediction” to translate into an investment thesis/plan is the biggest and most difficult question in my mind.

It's important to separate business and personal relationships, and sometimes I think this is what gets lost in translation when it comes to family or friends.

Not sure how this will translate but make sure that you figure this out prior to getting started. 

So if you have the stats (aka underwriting) confirming that the additional renovations will translate into additional rent, then it is worth continuing with the rehabs. 

I hate when good sarcasm gets lost in text translation.

How does this story translate to real estate?