Personally, if I was to undertake vacation rentals, I'd want more buffer.  

I'd have her pay all 3 months up front plus security deposit,  do a 3 month term lease and month to month after that. and for short term charge a $250.00 non refundable redecorating fee that's deducted from security deposit.. 

Understanding the debt is one part of the due diligence every investor should undertake.

A licensed electrician should be consulted for further evaluation and to undertake the repairs recommended.- Major Concern, Safety Issue: It is recommended that the obsolete and poor-condition knob-and-tube wiring in the basement be replaced.

Ideally I would like to be able to undertake some experience with someone who is firmly routed within this sector.

Most notably we have begun bringing EnerPHit measures into our retrofits.While we often have a property evaluated pre and post retrofit (Canada uses EnerGuide testing/rating which is similar to a HERS rating) we do so to quantify our implemented efficiency measures and track their payback.Lenders here have been slow to provide products either focused on or that reward the undertaking of significant energy efficiency measures.  

New homes in the area can fetch around $200-$250 per square foot.What i'd like input on for this type of development is:1) Whether undertaking this project would be financially feasible if rezoning to residential (w/ 7,200 sq ft lots) were possible?

I know that it would be a huge undertaking.

These orders will require landlords to undertake efforts to engage tenants in pre-filing resolution efforts including direct negotiation, facilitated conciliation services, and, upon agreement of both parties, formal mediation.King County Sheriff: Will not serve writ of restitution or perform physical evictions until further notice.Unincorporated King County: Provides defense to evictions through March 1, 2021.Seattle:Emergency order extended to June 30, 2021 currently.The exception for sale or owner occupation is not included in mayor's orders.Any eviction history during COVID-19 moratorium cannot ever be considered in tenant screening.

Fire damage can be a big undertaking, although there can be profit in it IF the numbers are right and IF you have done your homework to know what you are getting into (both big “IFs”).