I have a traveling nurse ready to rent  it “as is” too as an option. 4bed 2bath with 2 additional rooms needing egress in the basement. $115k 

You can also write off travel to and from the property and more.

The exterior was painted when we bought it, we refinished the floors, added carpet, new paint inside, refinished the kitchen cabinets, replaced a couple windows and did some minor plumbing work inside (along with getting rid of TONS of junk throughout the inside and outside of the home!)

Renovating 4 units and upgrading exterior What was the outcome?

There are definitely pros and cons to all situations, you would just need decide what is best for you.Would listing it as a mid-term (traveling nurses, doctors, business professionals, contractors, etc) or a short term rental be an option? 

I've been in Lisbon for around 4 years - initially travelling between London and Lisbon before settling.  

I have lived in both places but if comparing price and travel time I don't know which one to decide on.

You need to do more than a day of fixups - painting, carpet steam cleaned, cleaning all drawers and appliances, exterior touchups.You have a "perfect" process set out, but it's one that will push you to make a bad tenant decision and not vet them properly.

Exterior PaintThe home has a concrete foundation wall that extends about 3 feet up before the siding starts.

Are they an executive, an employee on 6-month business travel, etc.?