If you have a slab-on-grade foundation a poly injection could be a viable option to fill the void underneath and lift the slab at the same time.

I've attached the link as well, if any of you see something that catches your eye that could use a face lift to make the property value more, please let me know.

So here are my thoughts:-I don't think it's fair to me to go 50-50 on the cash flow from this property since I'm doing all of the heavy lifting but I'd like to keep the equity 50-50 since he is thinking of it as a retirement hedge.

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Hey @Brandon Knudtson,One of the most reliable ways to increase rent is to give the property a face lift.

Here is what you need to keep in mind:Interest is not deductible - this is apples to oranges comparison. 

Now, vetting a applicant is not apples to apples. 

We typically come in and "face-lift" buildings, while keeping them safe and occupied by the tenants.

If people factored in the costs to operate a property as part of the purchase equation, then perhaps they would be able to compare apples to apples, but that's just not how we value property these days.

Was just sort of curious if there was an easy apples to apples comparison but sounds like probably not.