I set my Zillow on notification and as soon as I saw this house and the visual impact it has, I thought it would be great as an Airbnb.

These are professionals with additional training and a stricter code of ethics.

If you think you have average intelligence and a general hard working person, for non luxury STRs (competing with 3 star or below hotels in the area for average people who simply need a bed and a kitchen) I would use 60% occupancy rate to start in the beginning and then 80% after stabilization.

You need a report done so you can request repairs or credits and a handyman isn't doing that and the seller wouldn't validate it.

At a bare bones minimum, the letter confirms the start/end dates of the lease, monthly rent, paid-through date, absence of any prepaid rent other than the current month, and security deposit amount.Better, it will include statements there are no unresolved claims or disputes or repair issues with the current landlord, and no verbal or written side agreements.Better yet, it will include a copy of the tenant's lease, and a confirmation the lease is a true and correct copy with no amendments.

Im a realtor and a pm up here.

I moved from L.A. via Miami to Waco a year and a half ago and was amazed at the real estate market I found here.

no way to really answer this until we know what state or counties you want to do these developments in.Each state and County can be vastly different and as such change the metrics of that whole laundry list of questions you asked. 

The building has a metal exterior finish with large bay windows and a durable brick.

Focus on potential profit margins and market trends.Be Local: Understanding micro-markets within these neighborhoods can mean the difference between a good flip and a great one.Network: Partner with investor-friendly agents, contractors, and wholesalers who know how to find and secure off-market deals.Nashville's real estate market continues to thrive, and these neighborhoods are at the center of the action.