Thank you all for your responses, maybe I should rephrase my question.

I appreciate you both for the quick responses. 

Cosmetic upgrades will have the biggest impact on value for appraisal purposes, assuming the existing mechanicals are functioning well.I would say look at some homes that have sold for 115k - 120k and see what kinds of upgrades they had. 

Getting in bed with the listing agent when their fiduciary responsibility lies elsewhere may not be the wisest choice, but glad its working out for you so far..  

Additionally, given the STR climate in New Orleans, I doubt you will find a landlord that will rent to you for the purpose of Airbnb.

But, to your response, I have been following up with them, and not being persuasive about anything.

The bill is in your tenant's name so it's his responsibility.

@Andrew Postell, thanks for the time and detailed response.

Some companies will consider if its a real good dealFor budgeting purposes, plan on 20% of the purchase and rehab funds from your own money, plus closing costs.

Walter Aaron PolingThank you for your response.