Owners are unloading their STRs due to over saturation in this market.  

Like @Sarah Miller and @Marcy Albrecht said, you can buy places within the city limits but it's still about location. with that said, i'm always looking out for my end game. one of the issues with buying in certain parts of canton is that when you decide you're done, you may not be able to unload your properties.

Who unloads the product?

I would need to know more specs on the house but with material shortages It's difficult to say how much to budget. 80K-120K for full gut perhaps but unsure with lumber beings so expensive and shortages.I would plan 9 months of vacancy between the pain you will endure pulling permits & having your contractors show up everyday to complete the work & then final inspections to get a CO. 

Quote from @Don Miller: Internal lumber and roof sheathing in. 

Shoot me a PM or email if you want help unloading this property to another investor. 

Just the other day I saw someone had used black sheet rock screws in the hangers on a brand new deck (non-permitted obviously, and not a single lag or any flashing on the ledger board, and they painted it immediately before the pressure treated lumber had even dried out so that’s going to peal in the first year, at about the same time that those sheetrock screws start to rust lol). 

Game to collaborate with wholesalers who can help me unload this property quickly.

Lumber prices went up right before Covid from a presidential tariff since Canada was price dumping into the U.S.  

I do see a ton of 2 unit houses on Zillow, so would it be a good bet that these are landlords trying to unload their stock before student housing regs kick in?