I have been very successful in helping clients acquire Airbnb homes and creating themes and uniqueness for their homes to be more appealing and marketable.

I'd sell #1, even if you have to take a loss on your equity.The market does go up over time, but most markets seem to be stagnant right now, so when does that change?   

I understand it’s a different market but I think $1200 is a pipe dream.

So far, this approach has saved my team so much time when sourcing on market deals.

I suspect maybe something like Hagerstown or Cumberland, which yeah are Class D like markets with declining populations, high drug problems, no strong job base which leads to non paying tenants.

The equation shouldn't be PP = Market Price - cost to repair foundation, it should be PP = Market Price - cost to repair - discount for taking on the risk.

Market insights and understanding the rental rates in the neighborhood.

And then you got the vacation rental market.

What market are you in? 

Learn local landlord-tenant laws, FHA and VA loans, and property management software to streamline rent collection and maintenance.