The entrance is in the corner of the house and is a manhole style with ladder rungs going down about 10 feet and the actual shelter is about 100 sqft.

Could also use Airbnb to rent furnished units to traveling nurses.Property is in good neighborhood of quaint town. 

I guess the neighborhood is really coming up!

Sometimes it’s a misunderstanding about what you want because there are owners that see rentals as cash cows and don’t care if they fall down and others who care about the upkeep and tenant quality affecting the neighborhood. 

As the lots in this airport community have sold, supply has dwindled and demand has gotten higher for people to move into this coveted neighborhood.

Your finishes (due to ARV) will influence directly your cost, so the full gut price in upcoming areas will be lower if compared to a similar place located in a more "established" neighborhood. 2.

I'd love to see that actual numbers... what'd you buy it for, what do you expect to get NOI to, and what cap rate your neighborhood is in.

Instead of making offers on random properties, identify the neighborhoods that fit the formula.

Taxes in the city aren't actually that high relative to some of the burbs but some neighborhoods are trouble.

If you want it purely for yourself, the difference between $350k and $200k will be big in terms of neighborhoods, square footage, and amenities.