Turn off water to each unit and see if the water meter continues to run. 

Choosing the wrong 1031 Exchange Qualified Intermediary to administer your 1031 Exchange could be a very expensive mistake due to the Qualified Intermediary's critical fiduciary responsibilities and obligations through out your 1031 Exchange transaction.You may focus all too often on issues such as size of the Qualified Intermediary, 1031 Exchange fees, interest rates paid, turn around times, branch office locations, and the like, when interviewing potential 1031 Exchange Qualified Intermediaries.

This seller feels like he has a good position to turn down people who need to finance.

The problem is this time of the year does not have much turn and the units available are not representative of your true competition. 

Im 27 and I turn 100k to 650k in 2 years by doing this.  

I’m finally wanting to pull the trigger on getting another property, but this time the primary goal of turning the sfr into an Airbnb.

i keep seeing:1. buy out of state rental in a solid neighborhood with long-term potential (just as you are recommending) but then...2. have one rough tenant turn that costs a couple grand, and3. give up on real estate investing, and turn on everyone involved in the transaction for not guaranteeing that sweet cash flow in month 1 lol, yea there is a decent chunk of investors who get really butthurt by that one bad unit turn and just give up.

I don't do large rent increases (like $200) because I don't want a unit turn but my rent is in the market range.  

Originally posted by @Mia Shlomit: Alas - the new ordinance turned this property too into a rent stabilized one. 

As an experienced PM, I'm intimately aware of how challenging "normal" property management can be which is why I've always turned down rent by room opportunities.