My husband and I have 3 single families here that we use as short/mid term rentals.

Now, people are using short-term rentals, mid term rentals, rent-by-room, etc.

I have a building worth mid 400’s that I owe 180k on.

I'd expect rates in the low to mid-teens depending on LTV and credit.

Thanks everyone @John Coulter@John Coulter Some of those joists end in mid-air-why? 

It's a 5 minutes walking to a major teaching hospital in Denver, absolutely perfect for mid term rentals and long term rentals. 

Current hot water heater is 21 years old in a 2 bed/1bath SFH that is being flipped into a Mid-term rental unit.

If you don't have the required 20% in Texas, you could try lower cost markets in the mid-west like @Maz Pardhan mentioned.

If he makes the pit smaller and install the new pump, then he would guarantee it for one year.This property is in mid-west and I am out of state, so I can't really do it myself.What I am not sure is even if we make the pit smaller per his quote below: Would that solve the failure of the ejector pump?

Small duplexes in need of work appear to be obtainable for around the high-300s to mid-400s.