There are hundreds of investment managers making allocation decisions, and Institutional investors are known for operating with a “herd mentality” – they tend to copy their peers’ strategies.Think about this: the 100 largest pension funds collectively manage ~$18T.

If you don't want to or can't invest in the upgrades and don't want to try selling now,   your best bet is probably to find a property manager that has experience with boarding houses,  and let them handle the cat herding.   

I hope you create a radiant opportunity ahead!

I can assure you that there's a lot more to it than that.Contracts, deadlines, disclosures, disclaimers, wrangling inspections and the renegotiations that follow, riding herd on appraisers - the list goes on and on.  

http://thermaray.com/radiant-c...

Once you master catching smoke and herding cat's, you'll be amply set to accurately project future tax increases. 

These are not for everyone, it takes a very Alpha person to be able to step into the knife fight and herd the cats to get the deal over the finish line. 

I would also like to include radiant heating in the concrete foundation to keep. 

Real Estate margins will always trend toward decreasing margins as the herd mentality brings saturation to the old-school methods (FHA house-hack a MFR for example).  

I am thinking of renovating a few of our projects with electric based radiant floor heating.