If your investors are not seasoned in this industry, I would have pictures of what the space looks like ALONG with pictures of what you want the space to look like after renovation. 

That's where your base line is in defending charging more, with a great deal less experience and knowledge in the industry to show you were not acting in a predatory manner, taking advantage of granny.

Compensating a Seller seems like a much more ethical and industry accepted method.  

It takes money to make money in this industry.  

So far the only industry I've seen capitalizing on these trends have been auto dealerships.  

Follow manufacturer recommendations and industry standards and youll be fine.

What industry do you currently work in?

I see there are a lot of Newbies to the Investment world on the Forum, so is it possible for some of you to really get transparent and share of your horror stories and set backs with us so we can get a better overview of what really happens in this industry. 

"If you want to become a millionaire in the airline industry, the then start out with a billion dollars and before long you'll be a millionaire."

In fact, New York City’s population and tourism industry have boomed since 2001.