With the landscape constantly changing, it's vital to adapt and find innovative ways to not only reach buyers and sellers but also close deals efficiently and effectively.Here are some strategies I'm looking to discuss:Digital Marketing: Have you transitioned to an online-first marketing approach?

Are you working with a Realtor® or a contractor, both can likely solve your problem as the agent will have access to more data and knowledge of how to run comps, the contractor will be able to give you a better idea of repair costs.

If you can't afford the property with a vacant unit it's probably a bad idea.

Her idea at present is going to be to purchase the house herself (using traditional financing - high interest rate) and make the payment affordable for the family's rent to cover by arranging the sale well below market value and putting up a down payment of 30+ % of her own money, resulting in a PITI of ~1500.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Any idea on ranges? 

Any ideas?

Once you nail down how to play in the same market then you can get creative to find new marketing methods that are unique (or even guerrilla tactics).Start by asking people in your network that you think would likely fit your target audience what they do when they're looking to book a multi-family vacation home.Qualitative research then turns to quantitative, so gather ideas from your wealthy friends then do some try them out and be sure to ask any leads/guests "how did you hear about us?"

It's definitely a good idea to get in the habit of tracking expenses related to that property separately.

When Max purchased this property, it was with the idea of keeping it for longer and having it rented.