If you're able to put in about $100k in each lot yourself, it should be possible to have the rest externally funded, around 85% LTC.I mainly set up financing for GC's doing these types of projects in their own LLC's but am happy to help if of interest.

Quality books are needed for both internal monitoring so you can make decisions and for external needs like preparing taxes and qualifying for loans. 

Also, external features matter...a coat of paint is an amazing boost. 

I know for certain that my box will have to be either external from the house itself but on the premise or in a basement. 

Just avoid some of the the harsher areas of the east-side like East Cleveland, St.

It's a 4-bedroom, 2-bathroom house that has the potential for a basement conversion into a 1 or 2-bedroom, 1-bathroom unit with an external exit, essentially creating a duplex.

Once again this is a 30,000 foot view, and not taking into other external factors.  

. * Airbnb On airbnb.com go to Host and select CalendarClick Availability settings in your calendar viewUnder Sync calendars, select Export CalendarCopy and paste the Airbnb calendar link into your iCal applications** VRBO In your reservation calendar, click the Import/Export arrows iconClick Export CalendarCopy the URL and follow the instructions on your external calendar in order to importYou're welcome :)

Unemployment, poverty, poor governing, lack of new jobs, slow external investment, violence, and so many other factors that result in a place being relatively cheap. 

Thinking maybe I should just lock the modem in a small box, given it’s handling the Wi-Fi for all four units.Thanks a bunch,LeeYes, I would create a closet (like an external weather proof electronics box) with the router and the modem in it.You can isolate each apartment from one another with VPN connections.