This chapter explains repositioning, which is simply the transformation of project characteristics, that is, the changing of return and risk of a project, through physical changes in the operating characteristics and/or financial adjustment of cash flow distributions. It demonstrates asset repositioning with a single-family detached home example, where this asset type is used for simplicity because it has a singular tenant, a shorter expense listing, and a capital structure and loan product which is familiar to most individuals. To exemplify the effects on a project's yield for an asset repositioning, two considerations will be made: changes to the magnitude of the rental stream and changes to the maintenance which represents expense adjustments. The chapter discusses how active management and asset transformation can be accomplished to achieve both of these goals. However these can be explained by internet marketing to attract more potential renters, thus attracting higher rents and expenses.