A low cost exterior spruce up....The interior may be fine for that area/market (I would check comps online and in person).From the condition and finishes, it looks a bit more working class--maybe people who clean planes and haul baggage than pilots and flight attendants, though--which is fine as long as it matches your target market.Best of luck!

Did you hear about that FedEx plane that crashed today?"

Two plane tickets, 2 hotel stays, 2 car rentals, blah, blah, blah.

Richard Branson did not start Virgin Airlines without a guarantee from Boeing he could return the planes no charge if it did not work out. 

It's half a day by car or a couple hours by plane to roughly half the country, landlord friendly and easy to start a business here amongst other things.

your expense estimate is extremely low, but will also be determined on how you are planing to run this unit. 

LOL outed by Google Maps.My favorite case of this I've seen was a literal plane above the house in the satellite view; Google Maps had outed that house for being under the flight path of a major airport, and it wasn't obvious from a map alone.

“I want to fly my own plane across the country.

So you’re back to risk-adjusting the deal given you’re 3 hours away.Any deal (out of state where I buy) that I’ve penciled out has costs associated with plane tickets, food, car rental, hotel stays, etc.

An additional thing to consider is that the Knoxville airport is currently under expansion which is designed to increase the capacity for the number of larger planes it can accommodate.