yes can definitely replace just the bathtub but i would do the surround as well . since its leaking would want to see what the condition is below . very important as water damage can produce mold 

Vacancy in downtown from what I have heard is also slightly higher than the surrounding areas due to all of the new high end apartment complexes that are going in downtown Boise.

(Panama City Beach FL). the surrounding areas are a great location to invest in.

Is your property in Seattle of one of the surrounding cities? 

Personally, the Indianapolis and surrounding areas will remain "hot and trendy" for a while as economic development is growing in the region.

90% of NYC and surrounding area does this.

Drive around the property and its surrounding area to get a comprehensive understanding of the location.

I live in Atlanta and I co-host/manage Airbnbs for homeowners and investors in Atlanta and surrounding areas in Georgia and South Carolina.

Local = no more than 30-minute drive from your home base.Yes, I mean going out and looking at the neighborhood, the property, the surrounding amenities, etc. 

Feel free to reach out with any help needed on having renos done affordably if you ever decide to invest in the Dayton OH and surrounding areas or any DSCR loans etc.