Something to keep in mind with STR, that's tied to why REI is a smart game to play - control is the name of the game.You want to control the guests and rates (vet them in hopes of avoiding property damage, set rates to attract those willing to pay more for quality)You want to control the costs (furnishings, consumables, cleaning/repair/plumbing/electrical)You want to control the property (choice of property, location, financing terms, well or city water, septic or city sewer, etc)This is all going to be very hard to do, if not impossible, if you don't OWN THE PROPERTY. 

I'm no expert, but I do believe the egresses are fine, electrical appears fine as well. 

If you plan to hold, having new plumbing, electrical, tile, cabinets, etc will be nice as well. 

The home ARV is probably close to $250 and the tax assumption is there as well or higher (this was never appealed) I assume the home was worth something in the ballpark of $180 needing a kitchen/bathroom and lots of updating of plumbing and possibly some electrical too.

It's perfect for little screws like working on electric boxes or cabinet hardware.

-Located near 2 major hospitals and 3 Universities -Original Rehab included 100% new bathroom, 100% new plumbing in the house, electrical updates, all new flooring, all new paint, and the addition of one new wall to create a "true" 3rd BR.

I also pay less for electric, water, sewer, gas and supplies. 

We are looking for handyman that's skilled in the areas of construction and know how to manage and be responsible for  area of drywall, painting, small plumbing, small electric, small roofing repairs and fixture installation.

.- new electrical box and run a new line from the house to the street- installed new vinyl windows throughout the house- installed two new interior doors and 1 exterior door- had some minimal plumbing work doneWhat made you interested in investing in this type of deal?

.), ]  age building (year of the most recent updates to roof, electric, plumbing, heat can help on old buildings),   limit for the value of the building,   whether it is Replacement Cost or Actual Cash Value (RC vs ACV), size of the deductible,   claims history of the property,  etc.You should get an individual quote for the most accurate rate.