Personally, I am planning a strategy of only repairing areas where the peeling is excessive i.e. the guest bathroom and guest bedroom.

If so, how was it done or does the pre-foreclosure status complicate the process?

@Jim Jack  Ok why did you not say your what I have to assume is a newbie  wholesaler LOL @Curt Davis.this is all very rudimentary stuff your asking its obvious you need to hit the books.its just amazing to me the amount of people that try to do deals and do not know even the most basic of basics.BP maybe a beginner site but at least work on getting some info on your own.But to answer you question before you totaly l flame mesimply have your seller give you an authorization to check mortgage status.

I imagine it would depend on the property, location and my financial status at the time.

Getting my place "turned over" between guests is my biggest hassle/cost with more than one unscheduled day off to run out and back.

AirB guests pay more and when certain parts of the year come up - for example the month of December...

If houses without a master bath are still selling, then I'd probably go with option A, advertise it as a guest suite.

@Sukhi Singh It takes a lot of moving parts to accomplish what you are talking about and finding the right property management company with the infrastructure already in place is key.My company has housekeepers, maintenance techs, local operations managers and a 24/7 guest service department to help with guest issues/concerns.

Anybody messed around with purchasing a property in the College Park area near the airport to accommodate Air BnB guests traveling to and from Atlanta?

You could put strong language about guests, and explain that and the ramifications of disregarding it when offering the unit, but additional people in the unit is one of the hardest things to monitor.Sample language:Tenant will not sublet any part of the premises or assign this Agreement.