She has become super successful in a very short space of time,  it has taken time to create loyal relationships especially as her market is South Florida which has an older demographic, but she is building up a great network!

., how experienced are you in this space?  

Really small kitchen space, ok with Home Depot / Lowes off the shelf fixtures, etc.

A seperate living space from your family?

Other than that, you'll want to take care of them the same way you would take care of anyone else in the space -- with appropriate care and skill. 

One bank says they will classify the property as Special Purpose and require a Phase 2 ESA at a minimum because of the laundromat tenant, even though they only account for about 20-25% of the leased space.

I have a checklist now and plan to take more pictures and document in the future, mostly for vacant spaces which this building was.2.

I think there is an opportunity to finish off the 2 car garage below as a living space to increase the nightly rate as well. 

1) That price is reasonable2) You will have to demo the garage anyway if you want to convert to living space, the slab/foundation and existing structural framing will not be up to today's code and engineering requirements.3) No, after/if you convert this to a rentable unit the income you are looking at is not something to throw away for parking.

It is 4 building totaling 35,100 Sqft of rentable space.