They did not know this and they bought the building and started to add on going to another story and they found out they had to tear it down because someone sold the space rights to someone else. 

(Furnished is also less wear and tear on your walls).Post on Airbnb ASAP your furnished rentals and offer by the bedroom and by the apartment starting immediately while you are leasing up.

The stock market has tripled since that time and housing prices are on a tear in many areas too.

.- Potential space to move laundry into upstairs bathroom closet vs basement - Can maybe get away with toilet/vanity replacement in each bathroom- Uncertain if painting or replacing cabinets with ikea type is worth it- Any in-ceiling lighting will cause a disaster with electrical since it is out of date- Repave/fix concrete front porch and side porch - replace/paint railing- Replace front walkway cement, or remove walkway and replace with right angled walk to driveway (may not provide ROI)- Tear down vs paint garage port in back yard

Very modest homes similar to this one and in this area rent for around $1500-$2000/week in the high season.We've started renovations by tearing out the kitchen and floors, opening up the kitchen and living room to make one large great room. 

So in theory the future maintenance should be the smaller wear and tear of the house.

id=1IaAr5B1WeT...Cleanup Job (Low cost fast flip): landscape package in front remove deckremove vines from house clean exterior, fix siding and wood rot, paint neutral beige/gray color clean driveway/weed, clean retaining wall/pavement replace flooring with mid grade flooring bottom level, carpet upstairs replace interior fixtures paint interior white trim, light color beige/gray walls, popcorn ceiling removal new kitchen appliancesRehab options: Replace deck with new one (kind of awkward that high to me) vs Remove and fill in wall or add large window to master.Potential space to move laundry into upstairs bathroom closet vs basement Can maybe get away with toilet/vanity replacement in each bathroomUncertain if painting or replacing cabinets with ikea type is worth itAny in-ceiling lighting will open up codes stuff with electrical since it is out of dateRepave/fix concrete front porch and side porch - replace/paint railingReplace front walkway cement, or remove walkway and replace with right angled walk to driveway (may not provide ROI)Tear down vs paint garage port in back yardWhich do you think provides highest ROI? 

There is *wear and tear* to replace EOL (end of life) components. 

I also want to make my rentals "bullet proof" so that they hold up to wear and tear and a little abuse.

However, with the normal wear and tear/ usage of the two main entry doors to the units foyer area, we have had more than 5 service calls on the locks (for batteries, lock mechanism not functioning, etc.) and both front door Locks have had to be replaced once already and I am thinking it is time to use a different Door Lock method.