He reported about $5000 for HVAC (Heating, Ventilation and AC); Doesn't San Antonio get above 100 degrees? 

For example, habitual parking in the street, unkept yards, etc. in addition we approve any requests for improvements to the exterior of the property and make sure that they are within the covenants..

When this happened, there was a lot of fraud around driving up the price of a property in a short time without improving the property.

Have the intent to hold them and indeed improve and rent them out.  

Now all insurance companies have conditions of improvements requirements.

I am assuming the tenant would be responsible for space improvements. 

Car storage is in fact in very high demand as the economy improves people are buying more toys with no space to store themI built 107 storage condominium garages in So Cal.

Little to no value add - 100% occupied with maxed out rent Currently 44 units asking $60k per -improving area .

Bring a general contractor with you to the property and let them teach you how to identify problems and opportunities for improvement to bring the property to its full value.Go down to Home Depot and other individual wholesale materials stores and get a list of prices for everything you might use on this flip and every future flip.Go to the professionals desk at Home Depot and ask about discounts for bulk items purchased.It takes practice and a lot of trial and error at first to perfect the techniques to estimate costs.

Repainting your property inside or out, fixing gutters or floors, fixing leaks, plastering, and replacing broken windows are examples of repairs.And continues withImprovements (Cap Ex): An improvement adds to the value of property, prolongs its useful life, or adapts it to new uses.