Between the rental units I own and the ones I manage through my property management company, there are almost always some things that pop up for the first month or two as tenants settle into a new space. 

Strata fees and people not wanting to share space with other people is causing a significant drop in prices.

Many solid and popular books about rental property investing have already been recommended here, so I'll suggest some less obvious reads...Liar's Poker (Michael Lewis) for pure entertainment and a primer on how Wall Street supports liquidity in the housing market.Home (Witold Rybczynski) to appreciate the many different ways people want to live inside their homes.What Every Real Estate Investor Needs to Know About Cash Flow (Frank Gallinelli) to understand when and how to deploy key financial metrics to make better decisions.Handyman In-Your-Pocket (Richard Young & Thomas Glover) to be your own handyman and/or check up on contractors and subs you hire to work on your rentals.Have fun and don't forget that you'll learn more by doing your first actual deal than you will from all the books in the world.

Is there any way to do a value add, you mentioned the basement. is there any living space down there?

Have them not anything wrong (carpet condition, paint, yard, etc.)I just helped with a lease of some commercial space for a non-profit I sit on and their leasing agent didn't do this.

For a linear array of 14 spaces, including installation, I was quoted about $28k for full cantilever (posts at the very end) or about $25k for semi-cantilever (posts offset from the end by 7.5'. 

I do have some contacts there, specifically in the luxury short-term rental space.

Hi @Adanna Davis, the things you can do to compete in this space are one or the other of these:- Compete on price- Offer something the others don't.In my (limited) experience, price is usually the most experience and least enjoyable sphere to compete in. 

And most definitely talk to a real estate broker or agent to run numbers to see what the highest and best use for that space will be.

Once you get into the commercial space, some lenders will look at the property in order to assist in financing.