We've seen some good improvements in the visitor industry so far (the last 40 days, when tourism opened back up). 

Also keep in mind the intangibles of attracting higher end tenants, increasing your unit value, and having possibly longer residency stays because of the improvements you put in.

Most sellers will allow you to take a contractor through to give you an idea of the costs to improve.

If the highest rent you can charge is 21-2200 after your improvement and your payment is $1900, you are going to have a thin cushion when expenses arise.

Sufficed to say there haven't been any improvements to the main house on the property in that time.

It is also one the edge of a historical district and has lots of very nice homes in and around the area.We made an all cash offer for just under the asking price, as we wait to see if our offer is accepted we did have some questions.Rental comps in the area go for $800 and $600 respectively, how much of an improvement investment should we make into these properties to make them rentable?

The area is improving and the prices are reflecting that.  

Landlord shall have a lien on any improvements, materials and personal property within the Premises to the extent permitted by law for amounts owed by Tenant following any Default.

I spent about 5 years as the facility Director at a conference center, which basically meant my job was maintenance and facility improvements of the 640 acres and over 50 buildings.

I spent about 5 years as the facility Director at a conference center, which basically meant my job was maintenance and facility improvements of the 640 acres and over 50 buildings.