The score is just a basic calculation, but the real story is behind it.  

If you think that these improvements are not good returns just consider this scenario:You decide to finish a basement and create more living room and possible add a half bathroom.

If the lot was severed, and one sold, it could pay for the cost of building a basement foundation on the 2nd lot (Even the severed lot could likely get $70k-80k in this area).

The bolded text here is a basic outline: *Amazing deal *presenting to first time investors that have uninvested income*currently functioning as a 10 cap based on deal price *I need capital for large down payment *by changing the model can achieve up to 30% annual return  (switching model from long term to short term/vacation rental) *I want to structure the fund in a way that gives up no equity, essentially note investing and provide a 5-10% annual return*return as much capital to the investors as possible within the first 5 years.THE SPECIFICSFrom my side of it I currently have a surplus of deal flow and insufficient capital, we just closed on a deal that required 140k down which wiped out my savings.

You don't need to know everything to get started; you just need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

I have a BASIC understanding of the process, but not enough to feel confident to move forward. 

There are two things I use as a basic foundation for ordinary wear-and-tear:HUD GUIDE (scroll down to the last couple pages)Inter-NACHI Life ExpectancyKeep these handy as a reference, but they are not written in stone.My policy is this: do I have before/after documentation and am I willing/able to defend the charge in front of a judge?

-- Get a basic website -- pay someone on E-Lance or Fiverr if you are pinching pennies or just set aside $5k or so and have someone design a nice website for the building pitching the ammenities, contact info for leasing, directory of tenants, links to your facebook page etc - brag on the investment you made in the building-- Get a professional photographer to get photos of the building/common areas and a few offices--- Fly out to Chicago - spend a couple weeks or whatever it takes- get appointments with all of the top brokers in the Commercial office space niche, break bread with them, buy them lunch, coffee, sell this building and your commitment to it, the upgrades you did etc-- Reach out to the business journal - local papers business writers - ask for a sit down to talk about your rehab -- once articles are written - link to them on website, facebook etc-- Keep manning the phones with the brokers, keep your digital content flowing - add something at least once a week to the Facebook page-- Sign new leases, increase bottom line-- fill up building, enjoy cash flow or exit and sell, move on to the next one

There has to be a basic decision grid, pros and cons list.

I think I have a basic idea but I need the whole picture.