A few quick ideas for increasing your airbnb income are:1) Increase the number of people your home sleeps (pull-out couch, air mattress, etc)2) Furnish the place nicely with some good looking pieces and pops of color3) Hire a PROFESSIONAL photographer for your listing photos if you have not done so already4) Add some amenities for guests like hot tub, pool table, dart board, corn hole, fire pit, etc5) Rewrite your listing title description to be more attractive, get more clicks, and get more bookings

I'm a little frustrated with it, as it is an asset whose value hasn't increased much over the years and isn't getting much return on it (currently renting some of the land to a corn farmer to cover tax/maintenance costs).

@Kimberly RothHave the pop-corn ceiling tested for asbestos and make a decision based on the results.

Goal is a mixture of cashflow and appreciation.

The goal is to house-hack for a few years before turning it into a two-unit rental.Viewed in that light, here are the results of the deal analysis when financing 95% of the $381,000 purchase price: If the appraisal comes up short (which is likely), here are the results considering the max $25,000 cash over appraisal it took to win the bid: Rent-to-price: 0.58%Property details:Single-family home with mother-in-law in basement2 bed, 1 bath, 1 kitchen up and down2 car garageShared utilitiesShared heating, cooling, and water heaterShared foyer at rear entrance, no front-entrance for downstairsSingle mailboxR-2 zone (multi-family)Built in 1933Nice upstairs with loads of historic charm, livable downstairsNeeds ~$5,000 in updatesInspection found no glaring issues, but it does have a mixture of new wiring and some ungrounded knob-and-tube (added insurance costs)New roof, furnace, and a/c in last 5 yearsWater heater 14 years old5 off-street parking spots (only really usable by one unit)Not ideal, but workable and a decent return which we're grateful for in this market.My biggest concern is being unable to use it as we intend.

Rent roll is currently $14,000 per month.The mixture of owner financing and an asset based commercial loan worked great for me.

I have a mixture and some days I prefer the multi-family and others I prefer the single-family.

I've been seeing a mixture of people wanting to buy a house and have 1-2 acres, within city limits. 

Are you primarily focused on Cash Flow, Accelerated Appreciation, Gradual Appreciation or (like most) a mixture of two?

They are made of a loose mixture of sand and mud and provide a natural protection for the shoreline, but eventually sink.