A fair amount subfloor and joists were replaced due to termite damage. 

He cannot even hang interior doors without badly hacking them up and damaging them to the point that you may need to start over. 

Additionally, if the machines are damaged, you know who is accountable.If you are compelled to have a common laundry room then you need to explore access restrictions (keyed or keycode) and, possibly, surveillance.  

I see many properties on Air Bnb in the area consistently booked year round. 

House was in terrible condition upon purchase with these problems:*Foundation needed to be updated/replaced*Beetle damage*No kitchen*No flooring*ADU with no bathroom, kitchen and uneven slab.

House was in terrible condition upon purchase with these problems:*Foundation needed to be updated/replaced*Beetle damage*No kitchen*No flooring*ADU with no bathroom, kitchen and uneven slab.

Some have hardwood underneath, but it seems costly to redo hardwoods only to have tenants damage them.Any advice on best options?

Currently I am looking at purchasing my first multifamily property for short term rentals or an air b&b however I am having a hard time finding out the best way to finance it.

Conventional loans will not allow loans to be closed on properties with bad chipped paint, roof damage, wood rot, pest infestation, moldy carpets, broken windows, torn up bathrooms, etc etc.

This can be the difference from being able to hold an inherited tenant to damages verses covering everything yourself.