But also lets you look at less tangible factors such as location, potential appreciation, aesthetics in a way that is separate from the changing dollar value.I recently had an opportunity to buy a property for $250k, but it was difficult to value One thing I realized was that I would have happily traded 2 (easier to value) properties I owned worth $150k apiece for the new one.

My biz partner also considering it for aesthetics and resale.  

My instinct is to tell me dad no and just buy the cheapest aesthetically good looking fridge I can.

I'd redevelop the property into 2-3 bedroom units with an 'island-modern' aesthetic. 

Do I included aesthetic decorative things like accents walls?

My limited qualification is that I analyze, buy, and sell several beat-up houses and land each month.Objective, non-opinionated summary: Councilman Darrell Clarke and the Strawberry Mansion Community Development Corporation have pushed a zoning overlay that prevents higher unit density on land, building heights, roof decks, and other development characteristics non-homogenous to the current neighborhood aesthetic. 

Only use chrome if aesthetics are an issue. 

My understanding is that both will require maintenance but steel is ultimately more durable, fire resistant, and generally considered more aesthetically pleasing.

Love that you are utilizing a DADU for this method and you approached the stylization, design, and overall aesthetic with an STR mindset. 

Verify the specifications for 203k rehab loans - I was under the impression that they can be used for "needs" (house *needs* a roof or hot water, house doesn't *need* granite countertops and new cabinets) and not necessarily so much for aesthetic upgrades.