There seems to be a strange dynamic when you inherit tenants and keep them,,,,,and that dynamic will only be "more interesting" when they start having to pay utilities....also as the new owner you should be able to raise rents by at least 5%.  

v=lt1PAxMBRA8 I think the most important thing for you is to really focus on what you want and visualize it.

Chris Carollo unfortunately what I'm looking for are examples of exterior renovations on these types of homes (front porch additions, gable/dormer additions, etc) and in Chicagoland in general there's very few, if any split levels (with front garage) that have significant EXTERIOR renovations.Haven't really seen the L shape split level outside of Chicagoland so not sure how else to find any visual examples of this.There's specific challenges to these homes not necessarily shared by L shaped ranches or other types of split levels.

The real issue is not that people don't understand what's happening in the calculators, they don't understand the dynamics of what's happening with the asset! 

Once she knew you wouldn't push back the dynamic of the relationship shifted in her favor.I hope your lease specifies the right of every tenant to "quite and peaceful" enjoyment?

As car as crime in a neighborhood goes, KC is weird because the dynamics of a street might be pretty bad but one more block over could be a great crime free area.  

They are only required to disclose material facts that are obviously wrong by visual observation and if it's rented out the broker may not have set foot inside.

Since I am a visual/ technical designer I am able to have a competitive advantage in the Vacational Rental area and I am pretty happy spending 3 days building quirky places/ experiences for people traveling and earning a good income from BUY/RENOVATE/RENTAIRBNB/REFINANCE.  

From my experience staging is helpful, makes it easier for buyers to visualize themselves living in the home.

A business plan is so dynamic and unique that your plan should be the special sauce that your business brings to the market.If you are following a common real estate strategy, then your business plan can probably be modified from an existing one to suit your market.