The path to wealth is a road through a grave-yard littered with bodies all saying "it was so good, until....". 

I went to school to be an electrician, worked as a carpenter, and helped run a lumber yard.

@Victor Latimer I would definitely build an ADU in the back yard but I wouldn’t build a 3 bedroom 2 bathroom home.

split the home into two units, upgrade appliances, add hvac, split the yard for each unit.

Depending on the age of the kids, it could be one of them as that sounds like something a kid would do.I'd talk to the bad tenant and tell them there are security issues and reports of someone in the yard late at night. 

Sorry to hear this.I would always say that "There is nothing wrong with any property as long as the price is right".Granted, some are not salvageable and the deal doesn't make sense even if the seller paid to me to take it lolOver the past 10 years I have witnessed many investors trying to do the same thing as you.Purchase from afar without buying turnkey and trying to do it themselves.This has been popular especially the last few years.Not many succeed unfortunately or they don't succeed in my eyes as they are into deals for much more than what they should be.There is a big trend going on where folks are made to "feel involved" with the purchase, rehab and property management process.The properties look great and off-course they do as rehabs cost $40,000 - $50,000.It doesn't sound like a lot of money for folks from CA and NY but for our local standards it is and IMO kills the cashflow and is unnecessary overcapitalization.Each to their own I guess.Just had a call the other week with a fellow from CA that bought a few turd properties from a local scam artist and is flying to town to try and rehab them himself.Another fella I managed to save even tho he lost his deposit of $1,000 as the seller (Another known scam artist) made him commit to the deal without allowing an inspection or even a walkthrough...If that isn't a red flag then I don't know what is 🤷‍♂️Hat's off to you for flying into to town to see the property for yourself.Wishing you much success

More bathrooms, square footage, yard, hardscape, fence has more costs than less.  

I added extended driveway, RV parking, back yard landscaping w/ covered patio, shiplap on two interior walls, and painted accent walls in every room.

There can be shared laundry onsite, shared parking, shared (yet separated) yard space etcAs for the math portion, I run my rental comps on rentometer and compare it to other ADU's or 1/1 units and their rent amount.

Yet still driveway and yard were left with dangerous debris.