I could go look at a $50k house in the ghetto...and if I needed to replace the roof on it, it would be about $5k or 10% of the total value of the house.

In the event that a student is month to month and decides to leave in the middle of the school year, I imagine it would be difficult to find a good replacement tenant.

Drywall sheets are not too expensive for when you are ready to replace the drywall.

Pictures will be added, but a general scope of work.Add interior wall to entry foyer to create another conference room for executive space Expand the windows in the front and replace with block windows to add more natural lightReplace front door, and make from columns more visually appealingAdd new monument type sign to the street frontIf we can get one approved by the city, get a new building signSome other interior improvementsHoping for a month to get it done, and we have a broker to re-lease the space.

A lot of times it's easier and less expensive to put in inner walls as supports/reinforcements than to replace the foundations.

Is it OK to add this part in addendum.REPAIRS AND MAINTENANCE: Tenant agrees to maintain the lawn, repair and/or replace any and all facilities related to the premises, to provide ordinary and customary preventive maintenance, and to maintain the building in good to excellent condition throughout the Term of this Agreement.

I think I need to replace the siding with vinyl but haven't made any other decisions yet.

I had zero construction background when I started and, to this day, still couldn't replace a lock let alone anything significant, but I now have 56 homes.The business model is time tested and it works.

That you were going to replace the carpet makes no difference. 

Some of the wood siding and trim needed replaced.