Unless you make the theme of the house around that famous person, I dont think consumers will pay a market premium on ADR to stay. 

The seller must've been very motivated to retire...are you buying any residential properties now or does this project pretty much consume all of your attention these days?

But consumers sued them all too many times and for too much money.

Don't forget to annually mark time for vacation or family time.You might consider hiring a teenager part time if there's something that is time consuming (for me, putting out 20 open house signs then picking them up).Best to you!

However, your lending choice will ultimately determine the best route, as rehab costs may consume a portion of your $50,000 investment budget.

Or like California a RE Broker like myself or Consumer finance license all which are regulated by the state .

Changing Preferences for People’s Desire to Live in the Metro AreaThis is likely due to the newfound appreciation for these types of community and experiential activities from the inability to access them during the Pandemic, as well as the lack of need to be near transactional retail stores with consumers now being accustomed to doing a lot of their shopping online.

Time ManagementReal estate can consume all your time with endless tasks—client meetings, marketing, and paperwork.

East coast also ranks the highest contributor to commerce.To summarize, perhaps the drivers for major corporations could be cost of land, consumer based logistical lead times, current population to support talent fulfillment and forward growth projection potential.These factors contribute to the drivers that make up emerging markets and then appreciation.

Google NMLS consumer access website.