As someone who’s both a real estate investor and a property manager in RI, I know how important it is to stay ahead of the curve.

So she took that extra space, added a wall and a hidden door and poof!

Seems like a big overkill - and to be blunt if you are new to real estate it is an overkill and a huge waste o f $

As an investor and a commercial real estate broker I would not expect a buyer  to spend a dime on due diligence unless the buyer/seller come to an agreement on a purchase contract.

RW discovered that most clients shop with a "what are the monthly management fees" approach and not a "what are all of your revenue streams" approach.RW competes with a very competitive flat monthly management fee but then charges a minimum of 1 full month's rent for leasing and a host of other fees. 

@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.

The key is a great contractor and a clear, detailed, well-thought-out scope of work. 

Its 20 years later I have money in the bank, great credit,  living alone very modestly, and a business that is doing well.

Sufficient infrastructure: Companies select locations with major airports, highways, and a large population of potential workers.

If they try to pay their labor as 1099 they run at great risk of violating a host of draconian labor laws such as AB5, the borello law and a litany of "misclassification" laws.There are substantial differences in how "right to work" statstate as operate as opposed to "non right to work" states.SBA defines a small business based on employees and revenue size.