This is pretty close to 1/2 of current retail value.  

I bought it retail in 2003 for 120k and ended up selling it for 130k.

But thanks for the information, my parents will be glad to help, as they recommended that I do this.DavidLinks:http://www.bordeauxbeyond.co.uk/en/property-for-sale/-/-/14860/bordeaux/4-bed-house-bordeaux/aquitaine-gironde-bordeauxhttp://www.bordeauxbeyond.co.uk/en/chateaux-and-vineyards/property-for-sale/-/-/13914/near-saint-emilion/chateau-from-xiv-century/gironde

When I called her caseworker, based on seeing more beds than names on the lease, I was told to photograph the beds and tell the tenant that I can legally charge her more rent.

All the other suggestions about the bushes, new door, planting beds, etc. are spot-on.

My partner and I are differing on which way to do the layout.From my studies, a true 1 bedroom would maximize our rental income.However she believes we should make it all open with a little staircase that leads up to a small bed.

(I've got my own opinions, but I'll hold those until later in the post)FYI, depending on area, most of these retail in the $80-90k range. 

Pick a criteria for ex. like 3bd 2bth 1500 sqft then look at similar houses in the same neighborhood or least within a half a mile with same amount of beds and baths and couple hundred feet within the square footage.

Then I would trim the bushes, clean up the beds, add mulch and some flowers for color.

Yes, but for a rental try to stick with the 15K or less in repairs..all in 48K or less good..I did a similar deal in 2005 but purchased retail..current tenant in place 7yrs..bank mort, taxes, insurance less than $500....go for it!