The con of this approach is that you normally spend more for the property in the aggregate than a fixer-upper.My definition of turn-key company - A company that will hold your hand through the whole process.They will either sell you a property in their portfolio that is already fixed up or you will buy a fixer-upper and they will manage the rehab process. 

With a good deal in hand, or even to negotiate, one can then approach an experienced investor for time and coaching. 

"What-can-I-do-to-make-it-easier-to-clean" is a good approach.

Going on a limb here ... if you will be renting by the room, perhaps an approach similar to a college dorm would be helpful ... the restrooms would not necessarily be 'next door' .... would the common area allow a third restroom on the FIRST floor?

Hands off approach to RE investing. 4.

Any tips on how to approach communication with her through this process? 

I guess majority of my questions are around the scope of work required to get it fit for long term tenancy and underwriting approaches.

I am not sure how much he owns and I am not sure what is the best way to approach him?

Some have to do with cold-calling several famous people and he points out his approach to doing this.Hope this helps!

Since this is our first go around at house improvements and landlording, I thought this would be a good forum to pose the question to folks who've been doing this for a while.My main question is... how did/do you approach creating a timeline and budget for making certain updates while you're living inside the unit.