We might be more willing to finance projects that banks consider too risky, such as fixer-uppers or properties in less conventional markets. 

We are looking to put our house up as an AirBnB while we deploy and all of my research hasn't yielded much fruit.

On one lot, he has his house.

The house is 1,800 sqft.When it comes to a cigarette smoke-filled home, combined with the need for a rewire, I am assuming the correct answer is to perform a full gut, right?

Any advise or suggestions thanks  Let me break it to your brother… why in the world would you work with a seller that wants 100% of what they think the house is worth?

@Jose Almonte  In the multiple states, where we have rental houses, the tenants pay for all utilities, shovel the snow, mow the lawns, and take care of minor maintenace. 

I haven't done this as this is going to be my very first property, please feel free to ask any questions:Potential Rental Income: $1000/- month (Right now through housing, but rent is due for increase)Taxes: $2600/-Utilities Water/Sewer: $800/- (Rest of the utilities are paid by tenant)Purchase Price: $124,900/-

If you are not subscribed, go to your settings under your profile, then notifications, marketing emails, and turn on Short-Term Rental Newsletter for now. 

First, revisiting and refining my marketing approach has proven beneficial.

Nick,Why can't you buy the house as a "rental" and then when you are not able to rent it out easily and then you can move into the main house and rent out the ADU.