Unique Investment Opportunity Off Interstate

[Dylan Bennett]

So I have come across a property that needs alot of work. It is a 2/1 with a 1/1 efficiency apartment above it. It also has a 1/1 efficiency apartment in the back yard. The property is in pretty rough condition and would probably need around 80-100k to get it fixed up. It is also not hooked up with City water or sewage (has a septic tank and well).

My intital thought would be to rent out each unit long term to whoever would need it. The total cash flow for that would be around 1800 a month for all 3 combined. However, I started thinking of unique ways to maybe up the CF. I thought since it was located right off an interstate that I could rent out the efficiency apartments to truckers coming through the area, but I am not sure how that would be done or how to advertise for that.

This leads me to my questions:

- Has anyone done something like this before with any success?

-If so, how did you go about advertising the property and getting it rented out?