If you don't have consequences, you can't modify behavior.

It's more specific than this breakdown, but basically rehabbing a bathroom (think attached/modified structure) would be a capital improvement deducted over time, but something like the cost of the toilet would be deductible this year as 'ordinary'  and therefore maintenance. 

Can I modify an estoppel?

(our projects have all been internal)10: These models can be goosed or modified or enhanced by qualified opportunity zone funds (deferring capital tax until 2026/7. 11: We are only doing 3 story- easy to build, woody walkups- Nice apartments- (Quartz, stainless, nice kitchen bathroom)- These are so easy to build vs the luxury, podium, 5/2 style.  

Maybe i am looking too hard at the long run and not realizing there is a good chance I’ll modify the loan well before the 30 year mark.  

Did you take any additional or modified screening steps with this tenant compared to another? 

Some modifiers and gotchas are:  are there environmental restrictions against building or improving the land? 

My question is can I use my own standard lease form modified to reflect the major elements of the existing lease (assuming that the tenant is in agreement) or would I be better advised to keep the exact wording of the existing lease and just change the relevant names and dates?

@Jose A Perez @Jeffrey Donis pointed you to an online article about to learn more about the 203k, which does point out some of the benefits of the 203k, but that online article also contains a lot of errors or misinformation about the 203k, such as ....There is NO "regular" or "streamline" or "modified" version of the 203k.

Just as a learning lesson, never let a tenant modify your lease.