One thing I would add is to look for the concentration of nearby extended stay hotels, e.g.

So don’t over extend yourself. 

It is covered under Federal Fair Housing..states can extend Fair Housing to include source of income.

And this same issue extends in other directions, for example, what if one family member loves watching the big game all weekend long on the TV, but other people would like some quiet time to read.

Be sure to provide ample due diligence for delivery and review of seller records and extended periods for appraisal (and review), title and underwriting.- As with any RE transaction, it's best to consider the other parties perspective when determining feasibility.

Their current lease extends to  April 2025, which at that point we were planning on selling.Why sell in the first place?

Equity extracted is taxed deferred until sale and can be extended further via a 1031.  

Senator Weinkowski has expressed desire to extend it as they do not want safe units to be removed from the market but so far I have not heard of anything getting approved. 

Over-extending yourself is a path to disaster.

Perhaps adding an additional half bath is optional and could be eliminated if issues come up or perhaps for someone who is hands on perhaps they could take on more work themselves if they needed to and extend the rehab time period.