That might include things like adding units, converting commercial space to residential, or finding ways to boost income (like adding parking).The key is recognizing opportunities while walking the property, and that takes experience.

Since the repairs were two owners ago, I would think the town may be a little more lenient with you.With the new kitchen and bathroom, were they existing and just got renovated or were they added on?

I saw their ads on BP. 

Buying in your backyard eliminates so much for you.What strategy do want to follow?   

Note that legal and transfer costs are not deductible but can be added to your cost basis.

Hers is the ad for anyone following.....http://newyork.craigslist.org/brk/reb/5552592547.h...

Or rather, my $100K -- which is a rough guess of revenue added by pricing / min stay automation across our two properties.

You just added another crumb of information which can mean anything

I sent you an email😊 You're very welcome and I've added you to THE MTR Connect. 

No adding or subtracting.