My property or the one across the street

[Ernie Be]

Having both would be interesting...given these 2 choices what would you start with?

I have an existing building on my property that I am contemplating converting into a living space for Airbnb use. Was quoted around 180k but believe could get done 120s give or take to do.

A house is for sale directly across the street. Was pending....just became available again. Asking 225k.... thinking general investment/Airbnb.

I recognize different pros and cons but would like to hear your opinions.