One of the appeals of commercial real estate is how inefficient of a market it is as compared to the stock market for example.

I love leverage but when I get into my 40’s and 50’s the thought of being millions in debt and managing 70-100 properties doesn’t sound too appealing.

Or, if you put some money into fixing up interiors or enhancing curb appeal, could you bump rents to $1200?   

I have been in the rehab and remodel game for 25+ years so this market appeals to me as I understand the flip process intuitively.

It is important to use similar properties, you won't want to compare the subject property with a big box national brand retail property with an A-credit tenant on a 20-year lease, for example, because it doesn't sound to me like that is the type of tenant your subject will appeal to. 

There's a similar silence about what happens when you're selling a portfolio of long-distance turnkey SFRs that have been run by a property manager and maintained by Bozo the Clown for twenty years, all those pesky little things obviously wrong with these places that slip the owner's notice year after year after year...I have four possible exit strategies and none of them looks particularly appealing.

Selfishly, it's more appealing.

While I get the appeal of that, I'm a more conservative investor so I don't like making that kind of bet, personally.The cash flow numbers you're showing aren't amazing, although, yes if you financed only 80% it looks better.

She might just not be able to visualize the results and showing her might ease her anxiety about the process.

But adding some curb appeal and putting emphasis on the kitchen and bathrooms.