I know for fact I have a great opportunity ahead and would like to maximize its potential & find a great strategy to making this work.

Also if you are not the property owner, you may have some additional issues with subleasing as an Airbnb.Just make sure to look into all the details ahead of time and ensure your agreements with the seller allow you to sublease and market the property for rent/airbnb.  

If there is no yard I would go ahead and do the master bath.

Scott Trench, that's my worry, the higher interest rates and shorter terms scare me because 1) it might kill the cash flow and 2) I rather not be vulnerable to higher interest rates that are likely to be a reality in the years ahead (shorter terms/balloon payments scare me a bit bc of that).  

Would be great if people have any references or list of good contractors you've worked with in the past.Have an awesome day ahead !! 

If I decide to go ahead with "rent to own", then I have your contact.

The other unit is rented and I have two more new tenants that will be moving in this month to the other two units.My question is should I go ahead and have it removed?

Feel free to post here, or just go ahead and send me a colleague request and we can talk there :-)Best,Arya

If you're planning on holding onto this forever then it may make sense to go ahead and invest more than $15,000 into it because your returns are going to increase exponentially over time.  

Give me a heads up man and we could meet up or chat and bounce ideas around for future acquisitions.Erik