The area will be the primary deciding factor - you can renovate and modernize a building, but if you are in a bad area, you won't attract B tenants.

The  bathroom was very small and most of todays modern fixtures were TOO BIG!  

Obviously, the construction cost will depend on the space I want to build and how modern I want it to be. 

It is a blessing to have this opportunity to be in the position that I am in and I am excited to meet new people and learn how to do business with you all to slowly, but surely, make Tampa a beautifully modern city with safe homes. 

You are required to purchase the textbook, Modern Real Estate Practices in Texas, 14th Edition, by Dr.

Growing populations and jobs with diverse economies and modern industries is important to long term asset value.

Replace old tile with modern backsplash9.

I am quoting the scale of renovation - do I put split units, do I invest in nicer finishes, do I give a light cosmetic re-do, or do I bring the property up to modern standards? 

Agree with @Hamp Lee III, try to find something that needs some cosmetic updates/modernization.

It needs about $10,000 in improvements/modernization.