So, really, you probably just saved the valuation from being negative due to those damages, as opposed to increasing any value. 

I HAVE considered STRs as well as Med-Term rentals (travelling pros) and am not opposed to them, but it's an area of real estate I know far less about. 

Absolutely this is a trend and will continue to do so, lack of housing affordability + Remote work, in fact it’s something I call, the housing 1st economy, in that people move to affordable places and the economy grows around them as opposed to the economy pushing a housing boom as has been the case since at least the 20th century.

I echo what @Jon K. said... if you're still interested after doing some additional due diligence, try starting with 1-3 as opposed to jumping into 10.

I love it because there are no zoning restrictions in Sequatchie county (as opposed to Hamilton), so I didn't have to seek approval for that.

When we buy a property if we know it has ungrounded electrical outlets we go through and put a GFCI plug at the beginning of the circuit in each room as opposed to rewiring the whole place.

In my area good tenants are like fishing for marlin in a backyard puddle so I was willing to wait to get someone highly qualified as opposed to the armies of Troop Drama that normally flood my ads.

I plug in known properties, fit a curve as in sales (baths, pop density, and so on), and try to predict the property's condition based on those features within an error rate (except this time you'd be predicting the probability of a condition, as opposed to sales price).

It seems a little messy splitting equity and the cash-out refi check, as opposed to a flip where you just split the profits and walk away.

I am willing to invest in renovating the place to reach profitability.What I am looking for: - Decent margin of safety as opposed to highest yield possible.- Low operational cost- Good seasonality markets- Should be easier to operationalize service via property managers remotely.What are some of the strategies that have worked?