Large Oil Pump - which supplies Hot water and Hot air is broken.

I would really appreciate it.Honestly, the only reason the property was at a loss last year was due to repairs to replace the water heater and air conditioning unit.

If it is allowable to do 2 STRs there, then I'd check your local competition by going on VRBO and AIR and see what others are getting for nightly/weekly stays.I don't think there is an issue with 'duplex style'....people looking for vacation lodging stay in hotels after all..IT may not have quite the same appreciation value as a typical house, but does that matter so much if you're raking in the $$ with STR guests?

I am mainly interested in subleasing appartments for travelling professionals but Air BNB also interests me.

you are still juggling a lot of balls in the air.

Setup an air bnb What was the outcome?

They rent out 3 RVs on AIR BnB and get about $70 to $80 per night. 

Purchase price: $465,000 Cash invested: $75,000 Pending sale $465K Purchase price which included a $15K seller concession, invested $75K in renovations, we enjoyed the home after renovations were completed for a summer, and listed for $695K We are currently in contract significantly above asking price, I will post further details after it closes.Great potential monthly income from STR/AIR BNB What made you interested in investing in this type of deal?

I prefer VRBO guests and even charge a premium on Air (~15% more) just to make it less likely they'll book, but if they do, so be it and I'll take the higher rate.

I also do not mind doing this work as it is good learning experience for the future invetment propertiesHere is the scope of work I am considering to move the rents from 925 to 12-1300. 1.the paint is only in the living room as there is a bit of a smokey smell now so I am going to hit that with Shellac primer, and air purifying paint ($350 + my time)2.