Sometimes the termite cards are on water heater or attic/crawl space access.

Would it make sense to save up money to buy something cash, finance, wait for market to cool down, etc.

We redid the inside and it is now a pretty cool miniature house essentially.

If Airbnb is an option for your spare bedroom then that's great, personally when I first started I didn't want to have to deal with the in and outs of people and also making my place aesthetic enough that it would rank well on Airbnb so I went straight to long term rentals but if you want to dip your toe in the water it could be a good option if shorter term tenants make you more comfortable. 

The water pan was about to overflow as the drain was clogged.

Would look kinda cool. 

If they're set for life, cool, leave them be and keep looking.

There's virtually no housing or commercial developments, but there's some pretty expensive houses there especially right on the water.

Check out this link and select "demand snapshot")That said, we've since the market cool slightly the last month.

Mine was already separated so only had to worry about separating water.