Do you think the majority of the properties within that boundaries are fairly similar (in terms of short-term rental attractiveness) to the property you are thinking of running Airbnb? 

In pre-development, I intend to create an attractive design that fits the neighborhood, submit plans to the city and have all the approvals at hand to begin construction.

@Tariq Sabbah You want to value the property on a square footage but also with an idea of what proforma will look like and what CAP rate a NNN tenant would attract.

The only issue you're going to have is attracting guests to pay the higher prices for the newly renovated units WHILE the rest of the motel is rundown. 

As a property owner, it's your responsibility to ensure that your properties are well-maintained, attract high-quality tenants, and maximize rental income.

@Lamont MarableYou can be more specific if you have information of the properties owned by your target audience.Also provide some value to them to attract them.All the best!

Some investors like more bedrooms as they tend to attract families who may or may not plant roots and stay longer.

The reason is simple – a market with strong and steady employment trends attracts more people to live in the area, a higher demand for apartments and other types of multifamily housing, a stronger tenant base, and therefore a more reliable investment.

Stay focus on your first deal since how you overcome it will attract a lot of attention.2.

Texas, DFW specifically, looks attractive in terms of the prices of houses and the cash flow that can be established.