When I lived in the property, I updated the kitchen with nice appliances, ceramic tile flooring and also renovated the flooring in the master bath as well as update a spare bath.I know the property will need a new roof within the next few years and I am sure there are other items that will be coming up at some point such as the water heater again and possibly the HVAC again.The downside to this property is that this area of our city took a pretty significant hit in 2013-2015 with city assessments and the property assessment went from $213,100 (2013) to $164,300 (2014).

I always meet my tenants in person to sign the lease (I have a small personal portfolio) and talk through each item. 

I once owned a grocery store.

Go back to trulia for that property and look for option where you can see restaurants and stores. 

Amazon is running a 10 off 40 on select items.

I know my taxes, insurance, mgt payment, and other items like maintenance, cap x and vacancy.

The additional income is for the tenant that would prefer to rent the Garage as well to park in or store their belongings or both.

Lots of new construction and new stores being built.

On a more tactical side, partner on items that you can delegate.

Looking forward to what 2020 has in store as I’m not stopping, only getting started.