Tell him it's time to do a remod and as a business you hope to market the place at a substantial increase.

You'll find fix n flips will have increased margins in the Cincinnati area.

Additionally, what do you look for in a property to increase the value i.e. what are typical items to target?

in a stick frame market and one of the cheapest markets to build we build with margin at $190 or so a square foot. that will go up over time about 5% or 10% a year to keep up with new build price increases. we are buidling a 3 story walk up and source some of the lowest priced crews.

However, because I believe it hurt bookings, I only charge the guests $230 and increased the daily rate to make up the difference, which has worked great. 

Upon BP member recommendations, my husband got his real estate license which now helps increase our access and decrease our transaction costs.

The more impactful thing is the rapidly increasing amount of competition in the form of # of Airbnbs in existence.

My motivation is to increase my financial literacy and diversify into real estate.I have rented all my life and seek to become a homeowner/ investor to help my family and make their lives easier.

I was told by Wagner that the builder is trying to refinance the construction loan as the cost of construction has increased. 

People weren't renting properties as quickly, and there was an increase in vacancy.