Quote from @Ivan Terrero: @Mostafa KoperlyMSO's like DSO's look for opportunities to exploit nationwide because they are backed by PE.That’s correct.

I suspect this is in a C/D area, would I be correct?

It'll increase your equity in the home, and if done correctly, you'll be able to pull out your funds in 6-9 months and get a second property going.

Sometimes the housing agencies help to correct behavior of a tenant who is violating a lease.Cons - The biggest con is just government bureaucracy.

Cap-ex was needed for:* Original 1960s kitchen, appliances out of order* Original 1960s Pepto Bismol colored tiles in the bathroom* Tobacco and marijuana stains/odor in every room* Stained carpet covering damaged hardwood* Broken side door from forced entry by police* Zero recessed lighting with 3 layers of blinds on every window* Lots of trash in the basement both on the floor and mounted to the joists overheadCheck out the Zillow listing at: https://www.zillow.com/homes/119-Jasper-Pl-Alexandria,-VA-22...What made you interested in investing in this type of deal?

From my basic understanding it would make sense to change it to a rental and then do the remodel so I can claim depreciation on my cost, is this correct or not? 

If that transaction would destabilize the bitcoin market I would have already cornered the market gotten rich and then popped the bubble because I am tired of hearing about bitcoin.Let me correct a few things.1)  bitcoin is not a currency.2)  There fact you cannot simply take a loan in dollars against your bitcoins might be a sign of a problem.3)  bitcoin is not taxed like a currency.  

I usually adjust temperature right before a check in to make it comfortable for guest.Love the Honeywell 9000 color touchscreen thermostats.They also allow me to locking a temperature range so the guests can't set temperature to 60 in the summer.

I find this to look spammy and over-promotional.Use a lot of blue and green, as those colors signal trust and comfort.

Assuming rents will increase surely it will cash flow at some point correct?