Cameron Tope hit the nail on the head, "lower prices" and "some landlords are going to get squeezed." 

 Assuming the Exterior is completely dried in, the next steps to finish the project would be:Drywall or Wall Finish - a Cabin in Montana might prefer a Wood Finish instead of the Drywall we typically use in Arizona - Possibly a combination of both; I suspect Drywall would be least expensive but maybe not as Aesthetically correct.Assume an inspection is required to confirm proper Nailing of Wallboard prior to next steps - Make sure Wiring and Plumbing passed inspection prior to installing Wallboard.Tape, Texture, and Paint - If Drywall is used, not required for a Wood Wall Finish, but Wood might need to be Stained and Sealed.Flooring - Carpet, Tile, WoodMillwork - Cabinets and CountertopsElectrical Trim - Includes installation of Electrical Outlets, Switches, and Light Fixtures. 

Don't get me wrong--if I can get a deal at a 6, 7, or 8 cap on trailing actual income (which is artificially grossly depressed as a result of bad management or whatever), I'd be thrilled! 

If you're referring to the pipe by the screens, that looks like a rough-in for toilet and the 2" coming from the 2x6 wall with the black cap on it appears to be a rough-in for a vanity/lav. 

Having a clear picture of what you are after can really nail down your search and your property type.3. 

Sounds like a 90 day project but the Best thing is to speak with a couple of contractors to nail down costs and timeframe.

Through experience, education and even hiring a mentor I have been nailing down the best asset to class to invest in. 

I would sit down with your tax pro and nail down the numbers and big picture and see exactly which makes more sense. 

And so I buy drawer/cabinets from Habitat for Humanity Restore/Construction Junction/etc; sometimes I need to nail a laminate countertop to it if it lacks the top but they often have the countertop still on there - buying them used is naturally way cheaper. 

I will be starting plumbing and electrical work the week of June 25-29, so I need to nail down my guys this week.