This is something I will look into more in depth on my next deal (i.e. suitability for rent style.

I listed another house one time that was just the opposite....sales price about double the tax value....unique house, unique neighborhood about a block long with all kinds of styles, sizes, ages.Just knocked off 25% of the tax value on an investment property I owned by challenging the value at the appraisal district hearings....value of the house has not changed, condition has not changed....their value was automated and not challenged by the district fairly.Bank appraisals where someone actually sees the house, sees the inside, and is familiar with values in the area is way more accurate.

So decided to get in the market Turnkey style.

The tenant wasn't thrilled, but the cost was lower and that style is more durable in a rental.

If you are set on diversifying, choose a style that helps you reach your own goals.

The old wood siding will need to be replaced as well because of combined termite and squirrels going buffet style on it.With all that being said I'm wondering if anyone has remediation experience with major termite issues.

That said, for small jobs like a few doors etc a paint in hand style one would be okay for a while.

the cape style home was picked through like you wouldn't believe (walls town apart to get to piping, windows removed)  it was a shell of a house that sat empty for 4+ years bofore tax auction.   

Also, how to I find property managers for airbnb style rental and are there any better recommended beach areas to look?

I am a little more to-the-point so just not my style.