As @Theresa Harris mentioned not all changes will result in a higher value.  

Recently I've wondered why I felt low LTV was better as an investor for long term survival. 

@Theresa Harris tenant #2 feels like a stronger tenant based on job (high W2 earner versus tenant #1 relying on divorce settlement funds) and also has better credit (both strong enough credit, but tenant 1 carrying a healthy balance of debt).

Quote from @Theresa Harris: We all need a break from time to time.

It is one of the few businesses where friendship often matters more than skill so you can get some bad operators who just happen to have high influence and they can survive. 

Quote from @Theresa Harris: It should be safety glass meaning it shattered into a lot of small cubes that aren't sharp. 

Hello, my name is Jason and I'm an investor in the North Harris County area.

Do the surviving partners get that investors shares or do they have to deal with relatives that may be ignorant and/or greedy?

Quote from @Theresa Harris: You have several things going against you: high cost of living area, condo fees, and a property manager.Have you thought about selling it and buying a house (not condo, something with no HOA) in an area where there are fewer taxes, lower property prices? 

It is definitely a long term play/gamble but after 40 years of doing this and surviving three recessions you learn a couple of things along the way.