HVAC contractor will:- supply and install 80k BTU 92% gas furnace on first floor- supply and install 3 ton coil- supply and install 3 ton condenser- supply and install 5 zone fujitsu mini split system on the 2nd floor with copper lines and slim duct (2-7k indoor, 2-9k indoor, 1-12k indoor units)- supply and install new duct grilles and registers- supply and install new refrigeration piping, exhaust piping, thermostat- supply and install new natural gas piping to accommodate gas load Estimate is $17,700 and I have no idea if this is fair or in the ball park.Any help or direction is much appreciated.

A non-exhaustive list of questions I would want to answer from AirDNA includes:-What is the average nightly rate?

Gives me hope the DFW area hasn't been exhausted of deals

Cities can have exhaustive municipal codes, with little-to-no enforcement.

You mentioned a boiler so if it's not an on-demand or direct vent system it's surely exhausting through the chimney. 

FICOThe above list isn't exhaustive, but does give you an idea of key data points that most HMLs are looking at.Hope this helps!

We learned that doing a live-in renovation can be exhausting, but worth it in the end.

Hard to say without live examples.It can be exhausting running numbers all day, comparing real time rental comps to your purchase price and expenses, then getting outbid lol.

@Justin Husband By no means exhaustive, just a few thoughts....some pros to selling: -since the property appears to have transferred at death, you may benefit from a stepped up tax basis if you sell (consult tax expert), -strong sellers market now- hard to find good builders now in many places- avoidance of building and renting headaches- some pros to fix and flip:Can be satisfying to see the house turn around, although not worth the headaches for manyMaybe better profit if you do it right and get the profit a flipper might make too Some pros to fix and rent:As previous poster noted, if it cash flows well you have long term cash flow.

I know some people are adverse to partnerships; however, I think it is always a good idea to exhaust your options before making a decision that might leave you feeling like you "settled" for a property.Good luck!