Pros: can attract more guests.Cons: can attract more guests (sometimes of the type you don't want).

If it is a higher end rental like Gabriel said then you may want to go with something nicer to attract the tenants to the higher rent.

It is a tourist destination with people coming in regularly from San Diego, Orange County, and Los Angeles .  

It seems to me from the 120 number, it's not very attractive.

The city is developing really fast as a small tourist town.

It is written into all of our Leases that we will be doing quarterly (sometimes monthly) inspections.Our managers go around with a list to make sure smoke/carbon detectors are working, fire extinguishers are filled and the place is not potentially attracting vermin.We will also make a note of any damage or take pictures of potential Lease violations (smoking in the house, pets, more beds than occupants allowed, etc). 

But it's my understanding that there are problems with the local government not being friendly to business.If they would go on an all-out program to attract and nurture business, the city could recover.

At the end of the day, good deals attract buyers.

PROPOSED TERMSReplace cash equity investment w/ note w/ 30% higher balance12-15% interest rate7-10yr amortization, or interest-onlyHe definitely likes the equity return, so I feel like it would have to be a pretty attractive offer to get him to swap out of the equity..

In a way, I'm attracted to the inner city as it is a really good cross cultural experience.