The terms are % rent appreciations for the time period (ie. 1 year %’s are the change in rents from 2015-07 to 2016-07, 2 year %’s are the change in rents from 2014-07 to 2016-07,…).  

While the location near the university was a compelling to reason to hold, the chunk of change to be made in the flip was appealing to my 20-something-year-old self.With that, I purchased yet another single family home.

I've been trying to educate myself as much as possible over the passed few months.

Is this a big deal and if so is it a big deal to get it changed?

Keep in mind these are assumptions and I understand things can and do change.

Maybe once I change my business plan that market will be some place that I look more seriously at!

Literally, you CANNOT meet enough people.Eventually, you CONTACTS will turn into CONTRACTS.Aside from that, continue to educate yourself!

I want to be apart of the change in these areas where gentrification is pushing out the people that have lived in communities for years but can now no longer afford it. 

I would only change these items if I know the area does not see much vacancies or if I replaced everything breakable at the initial renovation phase.

Money spent on physical infrastructure outside of improvements for educational purposes does not receive any tax advantage.