Many of the things to consider will revolve around your ability to get loans for this and the next homes. 

Paying retail is going to significantly limit your ability to grow.One other area I'd tell you to strongly consider - hurricane ian areas in florida.

It usually doesn't need as many coats to finish the project and the quality of paint serves you much better in terms of mitigating smell, wear and tear over time, wash-ability etc.

Also just request the ability to get in for showings, etc in exchange for breaking the lease. 

Their ability to raise capital is typically much less constrained in that case.To the other syndicators, operators, fund managers, and capital raisers out there - what common misconceptions or areas for teaching do you run into with your investors? 

Does your clientele have the ability to pay more? 

If you have the ability to work remotely from anywhere there is some great markets in Central Florida where you can find multi-family opportunities.

The property manager will have a better read on ability to place tenants, do tenants tend to stick around long-term in the neighborhood based on type of property it is, rents (and future projections), structuring the lease, and executing the long-term strategy of maintaining the asset, etc.

Haven't seen it impact our ability to rent it out if the rest of the renovations are high end.

Any thoughts on ability to fight changes like this or are we stuck with the outcome?