Total investment - just over three years, many years of life taken off, and home would probably appraise around 400k (25k in the hole for all that labor/mental stress, NOT WORTH IT)My takeaway as an amateur. 1) a deep renovation is a bad idea. 

I roughly describe to people as such:D : Basic housing that is not very nice cosmetically, is likely in stigmatized neighborhood, and that would not pass municipal health and safety inspections for occupancyC : Basic workforce housing.

I disagreed with this premise for numerous reasons, and offered up a new toolkit - the Shotgun clause - whereby she mentally prepare to either buy out her sister at an offered price, allow her sister to buy her out at the agreed upon price, or sell the property. 

I think a lot of the negative stigma that AirBnB gets is from travelers who stay with a host that has a "you are staying in my home" mentality.

A written and signed statement confirming these responses can be required from a professional medical or mental health practitioner, or a social worker.

are they all mentally stable?

I am a former Real Estate Investor, my health was in question for about 4 years, and I have lucky and blessed to finally start to get back into the Game, I have never had any experience in apartment complex investing, my family have managed units for more than 30 years, that was my mother and she is not here anymore...in talking to the owner of the Complex, I see he doesn't have the effective managerial experience to do the job well enough, and the units are becoming deplorable, he has a gold mine, because where the units sit, right now the units, sit maybe within a mile to two major universities, one being UOH, that would be the University of Houston, and the next would be TSU, and that would be Texas Southern University, not ivy league, but top Universities, and the area supports it with what it cost to live in this area, that being said....He wants a ridiculous amount, for the units, but there are not cash flowing like they should, under managed, so we talk about a sale, and he is willing to sell, but I will need a strong partner to make this happen....Love to talk more to someone that has high net worth that could bring equity to turn these around....I have Commercial Financing that wants to paly, but I am not strong enough, with a a capital partner...Anyone?

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.  

At this point I am looking for a contractor in the Orange, CA area to refer that has a flipper mentality to keep costs down, the contractors that have been there are looking at retail numbers. 

This will help give you mentally prepared for how to find a deal, how to finance the deal, what part of town you should be buying in, etc.