You have to really get you mental game together the EMD isn't the problem,IT IS You.

Insurance services, eviction protection, skip protection, bed bug/mold protection, loss of rents, pet damage protection, entity structuring and asset protection (from a consulting standpoint), renters insurance, tenant liability insurance, maintenance services to tenants and other PM's, tenant placement guarantees, "enhanced" monthly reporting, setting up entities, bank accounts, eins for foreign owners, utility management, etc.Take anything that is standard in your market and see how you can kick it up a notch.

Hi Geraldo:I'm assuming you are talking about selecting a contractor and we have a 'roll up your sleeves' kind of mentality for the most part but I think some of the things we've done with kitchens have driven a lot of value on our rehabs and rentals.We operate out of Des Moines IA and of course there will be differences regionally in style, contractor pricing, material availability, etc - so take this for what it is worth.We use granite nearly exclusively for our counter-top material. 

Like I said I know there are several sheets available, but I am attempting to organize my "mental math" that has been floating around. 

It may make sense to call a few local credit unions and ask what they expect and discuss your goal(s) with doing that so when you are ready financially and mentally to pull the trigger you aren't blind sided. 

It's also a good enhancement to the property and will be a beneficial going forward.

It will not enhance your own safety nor increase your profit margins.

It turns out the person living there is mentally handicapped but she was a tenant for a long time.

The basketball court looks poor where the Crisp refreshing pool would enhance the appeal.  

This will give them a mental bias.Should I just rent out the place and let renters use their own untainted judgement about the house?