And you'd be hard pressed to find one for a deal this thin.

Also let them know if the dog is aggressive and does anything, you will be pressing charges against them and the dog may be removed from their care if it attacks someone.  

Hi @Philip McTigheThe info from @Dana R. is great - I would be sure you add a couple more items that some people I find tend to forget on your rentals: Cable TV and Internet, not always required, but they are a great help to making your units more marketable.Also I found in my research for one market I am in, if the property has not already been zoned for a nightly rental you have to get that approved by the city, and they also require a fire suppression system (sprinklers) be in place.

All else equal, yes the A property is a better choice, but I think you'll be hard pressed to find that situation.  

We will have an office room and a TV room with a built in nook and shelfing for the components.

Well, I was alone as it turns out, and the owner left.I opened the front door and I gazed at what I thought was a stuffed animal just past a big screen TV.

I would be pressed to build for less than $65/ft.  

You'll be able to bench press a Buick after this! 

For example, I love watching TV but is that the best use of my 45 minutes of free time or should be working on my website!

David, good point and my preference is to press with the rehab project as planned.