Further demand from users has increased, and vacancies are very low.

Goal is to keep the rental for many years, so would like to have these things in order to offer more value and command a higher rent as they are not standard in my market. 

Maybe they locked it down for free users?....

For example, 1) the degree of the managers fee can vary and has an impact on the IRR (the smaller the fee the higher the IRR, all else being equal); 2) the profit share percentage of the syndication manager is not equal across all deals; 3) investor prefs can boost their IRR; etc.Typically, a newer more inexperience manager will not command a high management fee nor a high profit split percentage. 

Changing infrastructure helps everyone especially the older stock and manufacturing where most of the bigger users are instead of just the new construction.

He felt that by adding better finishes, the house will command a higher value.

Presently, however, no matter how well the property could be fixed up, it will not command a high rent. 

However, I will go on a limb here and say they also command higher rents.

While South FL does command high rents, the problem is that the setup costs are likely the highest.

or Is it best by using the rent that it can command after the rehab?