Yes, you can expand (and SBA has some great options for that), but the basis for a strong expansion is really understanding how the business works.

The folks at VRBO can't seem to understand that. 

Plus, very important to understand the new layout and how the dig down will effect the existing stairs, plumbing, etc.Happy to connect and talk through your specific situation because @Bruce Woodruff mentioned every project is different and know one price fits all espeically with these complex jobs.Where at in Chicago is your building?

The best thing you can do to fully understand how our business works is to set up a call with one of our investment strategists to provide you more details, answer your questions, and learn about your specific goals to see if our investment model is the right fit for you.Rent To Retirement is a real estate investment marketplace.

I will look into these elements for this property to get a better understanding of what my options are.

I don’t place all the blame on him, as I understand Massachusetts law is heavily tilted in favor of tenants.

Understand the 50% expense rule especially as it relates to cap ex.

Look into local tax incentives and financing options, and reach out to local real estate groups or mentors to better understand the market.Good luck!

I understand that these rules vary depending on the state, but any thoughts on this?

Once everyone understand the mechanics, and the results for all: they'll keep coming back to the table!