I see from your profile you're down in Florida.

Big improvements.

Just as an example on one of them...they way over improved the property for the price point, and they also did not factor in the fact that this property did not have a yard...and Frederick is a very dog friendly city...so not having that yard really brought down the value.

In my previous situation, we built bridges, small health clinics, and schools from ground up, currently we do tenant improvements, so still, even with my construction experience previously, there is still a transition/learning curve.

@Nate Burnett It would be interesting to see if the light rails actually improved property values.

Checkout my profile for links to other reports or feel free to send me a note.If you're not aware of Dr.

The considerations to an option granting a optionee (buyer) with the use of a location, amenities, perhaps the potential of changing zoning or making improvements where a property may later be sold at a higher price. 

Hey guys, I'm looking to invest some money into improving my rental property so that I can charge a higher rental rate.

(Goes to Long Term capital gains rate which I think is 15%) I think your tax now would be calculated by taking your net selling price less your payment price and adding any capital improvements (which I didn't see any of those).It should be taxed at the owners, sellers income rate. 

Sounds like you know the business well from your post and profile.