Mostly bathroom upgrades, floor, kitchen upgraded and upgrading electrical panel.

All the tenets are happy, they can see things being upgraded, so come renewal time they will understand the increases over the next few years.

The list goes:___ One Story___ Two Story___ Minimum Number of Bedrooms ______ Minimum Number of Bathrooms ______ Jacuzzi Tub___ Separate Shower___ Half Bath___ Garage for ___ Cars___ Carport___ Great Room___ Formal Living Room___ Formal Dining Room___ Upgraded Kitchen Appliances___ Granite or Upgraded Kitchen Countertops___ Breakfast Nook___ Storage/Closet Space___ Basement___ Bonus Room/Playroom___ Fireplace___ Hardwood Floors___ Inside Laundry Room___ Covered Porch___ Outside Deck___ Brick Exterior___ Siding Exterior___ Wood Exterior ___ Stucco Exterior___ Hardie Board Exterior___ Swimming Pool___ Fenced Yard___ Large Yard___ Landscaped Yard___ Natural Gas (water heater, kitchen, fireplace)___ Septic Tank___ Sewer System___ Waterfront Property___ Golf Course Property___ Located in ________ school zone(s)___ Close to public transportation___ Located within ___ miles from work___ Located within ___ miles from ___________ Located in a homeowners' associationThe grading scale for those items is: A = Mandatory, B = Neutral, C = No Desire, D = Deal BreakerI need expert opinions on this, so I came here. 

Once renovated, maintenance is the same as anywhere else if you upgrade electric/plumbing and rents are higher

The PM company has implemented this exact plan in similar secondary marketsSo the business plan includes everything above with exterior upgrades as well, filling vacancies, improved management and enforcement of policies. 

People who act like this don't stop at the first demand, once you give in they will keep demanding you replace/upgrade at their desire

Since the length of this option is over 7 years and there may be maintenance and upgrades during this period that will all have to be spelled out in the agreement.

He has an Eco-System membership network with hundreds, maybe thousands, of trained individuals, both sponsors and passive investors.

That may dictate how far off of current code the building is and you'll be setting yourself and future tenants for a large upgrade bill to bring the building up to code.

Gentrification as well as a shortage of small single family homes, with the option to do some upgrades, is raising my rents more than I have ever imagined.