The good ole boy system is still somewhat functional, I just don't want to go unpermitted and it come back to bite me.

I rotate locks between houses, so the chances that someone could find a key and locate the house it's on (or it might be in the spare lockset box right now) is almost nil.If they feel unsafe because of the lost key, then I would charge them for changing out the lockset. 

I agree, I was thinking more as farm land, but its about 40 miles out of Austin around a bunch of little towns, so I don't believe that a consumer business would function very well unfortunately.

The biggest concern regarding renovations is determining the price of renovations to make it functional.

Plumbing is functional, needs new flooring in the kitchen and bathroom.

@Ray AgostoYou can search a lot of information on BP using the search function / top RHS on the website.

Get familiar with the search function

we are proposing to do this on the theory that there are three properties that will share the rotating information of the sign and all three of them are allowed to have 100 sf by right. 

Actually lined up to go to a local event next week which I'm stoked about, and even got my next door neighbor to join who is also recently gotten into buy and hold rentals as well, and is from Iowa, so looking to "learn up" with him and hopefully can leverage his knowledge to get access to folks in that area.I would really like to make the Seattle area work so that I could check in, especially during rehab phase, but I'm not opposed to letting things go, which is all a function of finding good people on the other end to do their job and be able to understand the market from afar and make sure you are actually getting a good deal.  

My pic is rotated and the ceiling is on the left?