@Joshua Christensen wouldn't expenses naturally be less if the seller's just spent about $75,000k on cap ex improvements? 

This all depends on the property.

Charming, smaller coastal towns with a slower pace of life, natural amenities, seclusion and semi-self sustainability are high on the wish list of many high level clients and investors. 

In part because the sink is under the window which to me seems like a natural spot for it. 

Pertaining to air rights and laws we do not develop in this nature so not sure I can be any help here.

Let me explain...Houses naturally have an aesthetic to them when they are first built.

We are seriously considering  rent to retirement properties given the relative passive nature.

Since you would be dealing with maintaining a gas tank I would have all electric except a gas fireplace. 

Over time, this strategy naturally builds your portfolio of managed properties.3.Use Educational Content as Free Marketing•Landlords love practical advice, and educational content positions you as an expert.

Others are exploring different real estate asset classes all together.Notice in that chart in the link above, today's trend isn't too different from how things looked basically until 2010.