Fortunately I can facilitate all the improvements at cost but is it realistic to think I can draw a higher end renter that is willing to pay above market rent to live in much nicer appointed home?  

I live in North Dallas now days but have lived all over the metroplex.

Hi, I was recently reached out by someone who wants to rent my 3 br 1.5 bath and use it as a assisted living facility for adults.

Should i offer to have him look for another living situation?

But there's a reason prices are so high - everyone wants to live here! 

Seller's daughter currently lives at the address and was served.

Hi guys,I have a question about the tenant who lives in one of my rentals in Phoenix.

Neither option is bad and they both have tradeoffs, happy to talk about it further in person if you want as I live in East Mesa. 

It ultimately comes down to your budget and desired level of privacy in your living situation.

Example of one I have when I lived in a different state. bought from a highly distressed seller for 10k cash.