If battery life is what you seek you want the old school turn the deadbolt yourself Schlage.

I think that's the important mindset to have is buying the property for yourself and then seeking what other options you have if you cannot have the property for yourself. 

Obviously we're seeking to do an inspection and have the property appraised, but I think we are in a good starting position.

Also, in a time when homes are becoming more and more unaffordable, I believe that investors and homeowners will seek markets where homes are affordable.

Seek longevity, sustainable not extreme volatility.

It seems like property owners are adapting to changing market conditions and perhaps seeking more stable, consistent income streams.I wanted to reach out to the BiggerPockets community to see if anyone else is noticing similar shifts in their local markets.

From your post you are seeking to essentially knock down the house and build brand new.

While I'm eager to dive into this opportunity, I'm seeking insights on whether this market is the right fit for a foreign investor like myself. 

It’s got some termites, that I will be signing a pest control company on to do treatment for.

It really is a different animal than either long term or short term rentals so it's best to seek advice from others with experience in this niche.