If the property has not been re-assessed in many years and its value has gone up a lot, it can dramatically affect your returns.

Window Units would drop the renovation costs dramatically, so that's great to hear.

Values will vary dramatically neighborhood by neighborhood, and in a lot of cases block by block.

You would need to sit down with every potential buyer and go through it with them, which would increase your time component in the project dramatically.

Certainly, prices have risen dramatically since then.

My guess is the tenant is mellow dramatic and the handy man may have been a bit rude they have to put up with renters who are rude so the handy man gives it back this maybe what happened?

The high end real estate market has dropped dramatically.

Because a lot of PM companies are TERRIBLE at scaling and service drops dramatically with unit rise.

The major chains all have very strict design, room count, parking counts, for their properties, and the value of your hotel, when using a major operator like Hilton or Marriott swings dramatically based on the "flag" you get.  

And a broad question is inherently going to get a broad array of replies.If you can be specific - hey I am paying all cash (or puting 20% down, plan to buy with hard-money, or whatever) and am focused squarely on a cash on cash return of N% (vs. some amount of equity capture); looking for lower out of pocket or don't care; I don't or do want to do rehab properties....That sort of detail will change the conversation dramatically.