I think it all depends on what you are looking to do with the social media / how you want it to help you.

Contact a couple contractors to see what the cost would be to add the addition.

. $7k on holding, $16k in commission, $5 in closing brings you to 248 if everything goes according to plan.

Most of them do not and can even hurt you - as your S-corp with rentals. yeah this was under the guidance of the tax professional i went to.

Now, you need to figure out how to find deals and pay for them.

After it's rehabbed, you could then rent both units and use the cash flow to offset another primary residence or potentially refi and use those funds to scale your portfolio.I wish this policy change was being talked about more because it unlocks a creative new strategy for investors in MA, since you do not need to owner occupy to do it! 

Quote from @Zach Rumfield: This particular property might make for a good house for professors or staff at Delta State if anyone has connections to that school.

I can refer a couple of great PM's in Orlando if you want to get another opinion or two. 

I then put it on airbnb to cashflow.

Franky,Feel free to send me an email I can help with evaluating some options.