You are better off spending a few thousand dollars on giving your garage a nice facelift and on some simple landscaping. 

Ignoring Regulatory ChangesThe regulatory landscape for short-term rentals is constantly evolving.

In today's real estate networking and education landscape, we've seen an unfortunate trend: so-called "gurus" selling courses and events at high prices, promising unparalleled value but often delivering content that could be found elsewhere, most of the time even for free.

I've talked to a few real estate agents to get an idea of the landscape in Austin.

Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100. 

Do I start a landscaping company? 

For instance, the owner still does snow removal and landscaping.

.- Kitchen faucet: A single hole bar and prep faucet (high U-shaped faucet with end that is also a sprayer).We pEXTERIOR:- Trashout / Clean-up yard- Landscape, seed lawn- ?

What does your lease state about landscaping and yard upkeep requirements. 

I plan to hold the property but I expect this property to be worth at least 600k once the landscaping and other details are finished.