My head is swimming with questions and I am completely lost as to what I need to do.

There is no path that would suit us all.

Possible causesOverpricingQuality of UnitQuality of Neighbors (homes and businesses)Location of Neighborhood, Amenities, Transportation, and Employment OpportunitiesSupply and Demand in your areaEffectiveness of your marketing  (Are you reaching the potential renters best suited for this property?)

If you want to create a unit to Airbnb build an extra master suite with separate access but do not put in a kitchen or go the ADU permitting route with it. 

Corner cutting is fine, until it kicks back suits, liens etc. on you or property; then it seems not so good to skip a little preventative maint step. 

On some of the properties under status, it will say Suit Filed.

Previous sales history - In June 2008 my house sold for $1,425,000 (with an unfinished carriage house, small 90's kitchen that didn't fit the house style at all, and no master suite. 

Final sales price on a closed transaction is.Recent: Ideally less than 3 months old, go to six if you must, go to 12 months if you absolutely must (but in this case you need to SERIOUSLY question market demand for this type of home if no one in the last year has bought a similar home... guess how many outdoor swimming pool comps I'd find in Fairbanks, Alaska?)

Perhaps the area really suits their needs and wants.

You should concentrate in your area,  Brandon Turner says.............................Yes, I am too cheap.No ( ---- puts on his bragging suit ---- ) my daughter knows very little about RE, she's a PhD graduate in some nerosciency stuff that's way over my head.