It depends on what it needs and what the marketplace expects as far as quality of property.Personally if the place is empty when I get it Like to rehab to a nice level for two reasons.

Crime, homeownership %, the possibility of appreciation (because of the demand from homeowners), are factors that attract quality tenants.

Just remember, repairs of roof etc will be needed down the road unless in excellent condition.

Since you already own the property in your IRA, it is a given that you need to hire a property manager, people to do repairs, and you'll need to have the custodian handle all contracts and money in/out.Generally the question of whether to do long term rental or short term rental has to do with the location, quality of house, local rental regulations, typical nightly price, expected annual occupancy rate, availability of short term rental property managers, etc etc etc.

Are their listings detailed with good quality photos?

I imagine if you leverage the location of your property correctly, you can see excellent cashflow from rentals or AirBnB. 

Mentors value your efforts to give first, as this is the fundamental of creating high quality relationships with people.

@Jeff S. excellent point on the small landlord.

But right down the road, is a city area where row homes go for about $60, but quality isnt best as you can imagine.   

As you mentioned, there are some excellent capital raisers on BP...and the concern is not the model, just the candor.