Kitchens and bathrooms are always a good bet, but think beyond the basics.

Essentially, I am betting that rates won't go low enough where it makes sense to refinance.

I bet they were valid.

I know it sounds odd but I see it coming eventually maybe not right now but it will come.

The fact its in a landbank tells me that it was taken back for some reason, which tells me its likely not a high commercial demand for development, but I could be wrong.If it is "on the main drag" in this town then I'd think doing a new build home to do a targeted and intentional air bnb would be the best bet. 

Your best bet is to find one that has flexible membership options, without high spend requirements.

Hey @Mike Pepperday, AirBNB and VRBO are your best bet to see what kind of demand there is for STRs in general.

I think you're best bet for private money is going to be to network at the meetups (Red Stick REI, RING) and on FB/here.

I’m not promising a fairy tale, but if you want guidance from someone who’s spent late nights haggling with contractors, tweaking staging plans, and emailing roofers at odd hours, well, I’m here.

Your best bet is to read information from public blogs that approach both options objectively.