It’s unclear how much of the increase in sales can be attributed to new demand versus sales that might have happened anyway absent strict stay-at-home orders that all but shut down the typically busy spring buying season.

Jeff,It sounds like you have a good handle on what you need to consider in making this decision.I'd suggest you compare the expected income of a 4/2 versus a 3/1 and 1/1 combo at: https://www.airdna.co/airbnb-calculatorI'd also look at how things are selling on the market now.

The negative, I assume, is that the cost to the tenant might be high and they would have trouble paying the rent.TL;DR: What are the pros and cons of hydronic baseboard versus a boiler and radiators that would heat the entire house?

Short term dip, possibly no effect on the far west (interstate) side, long term Kenosha / Pleasant Prairie will continue seeing people sneak across the border from IL, which will buoy prices  Most of the damage has been concentrated in downtown and uptown...I would wager most BP members would be looking elsewhere in Kenosha anyway to invest  After night 3 of riots (when a double homicide occurred), night 4 was peaceful and the law enforcement is now so significant I anticipate (fingers crossed) things will subside  As always, best time to buy something good is when it has hair on it in the headlines. 

Thus the property will be valued at RV/Boat storage value versus a converted Self Storage.This is what I call a "Cherry" location. 

In reality, while there has been some fall off in collections versus 1 year ago, in general things have stayed fairly stable.  

In the alternative, Brightline is also wagering on a spur from Victorville to a Metrolink station in Palmdale, then using Metrolink’s existing tracks to carry the high-speed train south to Union Station.

I purchased a multifamily property in March.  I have a tenant that has not paid $1 since I purchased the building.
Minnesota is currently under an eviction moratorium.  
Her lease expired today August 31st.  The pro...

If your goal is simply to get them fixed up to rent, but then sell versus becoming a landlord, a home equity line might be a better option, since there are typically no closing costs associated with them, and you only owe on what you draw. 

State laws require different things for deposits, so I can't speak to CA's specifics but would wager they require a separate interest bearing account for deposits.