You may wish to move to an area where the type of friends you associate with will appear to fit in better, or choose better quality friends that do not reflect as poorly on you.

Any tips that I would need to know before buying this.

But thank you for the tip and hope you get your money back 

Make sure you know what that particular street in that particular neighborhood expects as far as quality and materials, and meet those standards.

My tip: spend enough time studying one to realize a narrative that can evolve into a concept which can be refined with continuous DCFA into a viable project. 

I would also be happy to pay a finders fee to anyone that refers me to a high quality handyman that I end up working with.Regards,Jake D.Key words - Lacey, Tumwater, Tacoma, Construction, Framing, Shelton, Seattle, Puget Sound, Oly

Excuse the rant:This is the second time air bnb had screwed me on damages.

Rural and low quality type assets is a tough nut.Only local banks and credit unions in the immediate area would likely look at this.

Really depends on the quality of the job that was done initially. 

Base on your calculation, $6K x12 = $72K/YR, then minus 12K/Yr(Tax, Ins, Mx) = $60K/yr then divided $783K, looking at cap rate (NOI) 7.6% which is high compare to the bay area cap rate.Usually high cap rate (8-12%) = high turn over tenants (Crappy tenants) lower appreciation.Lower cap rate (3.5 - 4%) = Quality tenants and high appreciation.Been an investor in/out of CA for the past 10 years, I will always pick bay area.GOOD LUCK!