If you're using a realtor they should be able to provide you with a sales & rental comparative Market Analysis (CMA).  

They do not want the cold harsh winters anymore at their ages.

It also will help you minimize your tax liability now.You can learn more about it in my BP blog where it's compared with SD IRA:http://www.biggerpockets.com/blogs/2810/blog_posts...Hope this helps.

-Comparing other hotel tax assessments in your area doesn't tell you anything.  

As far as banks/credit unions vs. mortgage brokers, the rates should be comparable but you likely have a relationship with a local lender which should help your case.

I dont mean to be harsh, just trying to be honest with you.

Especially with business and spreadsheets and all the little options the droid gives you over apple.If you like your iPhone then right on, but have you had a droid to compare it to?

If you find comparable properties with similar square footage, features, bedrooms/bathrooms that are renting for a price that you find acceptable as an investor, then the investment to improve your property might be worth it.

You can also look at the areas of Garland that feed the Richardson ISD.In general, you'll find the North & Far North Dallas areas command higher rents than other comparable looking areas of the Metroplex - ie Southwest Arlington.  

agents always send me some foreclosure properties that need some work. and then they say make a bid and see what the bank says.how come they do that compared to the foreclosure auctions where there are a bunch of investors outside the house making live bids?