The areas to be painted and the choice of colors will be agreed upon by the Lessor before painting begins.

The choice depends on cash flow, diversification, or continued growth.Good Luck!

These sellers can be more critical of everything you do i.e. the property description posted, choice of images to upload, frequency and time of open houses, negotiations etc. 2.

I would say anytime you can add value in real estate through taking a distressed property and fixing it up and adding value it is a good choice whether its for investment or primary ownership purposes.

I see (and endorse) the analytical, structure-side of what you are saying, and ultimately, like I said before, I appreciate your post.

All the markets you mentioned are solid choices for affordability and long-term growth potential.If you’re looking to narrow it down, consider Indianapolis or Columbia, SC, as both have strong rental demand, landlord-friendly laws, and stable economies.

Ultimately in looking at it, I'm not sure commercial would be that great as it doesn't have any highway frontage. 

For me, a Heloc would be my choice over a loan.

. ~80% tended to be transient and moved on by there choice or ours. ~20% were decent and "stuck". 

Ultimately, all the costs would be added to your basis in the property and depreciated when you place the property in service as a short term rental.