A higher CTR tells Airbnb’s algorithm your listing is engaging, which improves your ranking, increases visibility, and leads to more bookings.With the rise of professional photography, simply having high-quality photos isn’t enough anymore.

This may be expensive and not worth it but having it legally split, may also increase value. 

But just like a lot of things, what is increasing here, could be decreasing in a few cities over.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

If you choose to set it up in Illinois (IL) and then file as a foreign entity in MI, you will end up paying two state filing fees, which unnecessarily increases your costs.

The difference would be $6,800/year with a 3% increase over 5 years. 

Converted an empty room to a standard room to make it a 6-bedroom instead of the original bedrooms which increased the rent from $2,200 to $2,800 for Section 8 voucher holders for this zipcode.

Your option there would be to increase the duration of the payments or pay him more down if you have the cash. 

May have to increase your budget to 550k range tho. 

When it seems like they have a final bid and no one is willing to increase it, they will often times go talk to the owner for a few minutes.