I work as a location manager and location scout in the film industry. 

Can you turn it into a money maker of any kind?

We don't plan to stop there and want to make real estate a long term project. 

I used to walk my neighborhood and took a picture of every home on the street in a 6 block square area...back when cameras used film! 

My problem with this is that I don't think it is a money maker either way.Figure 6 months to buy, fix, and sell.Interest on loan to be over $1,500 per monthholding cost to be $483 per monthestimate for ongoing maintenance and management if a hold.Estimate selling costs to be 7% if a flip.Good Luck.Bill

There's definitely a lot of struggle around employment in many towns, but the area is also a getaway for city folks, so for me the vacation rental has been the best money maker.

There is a duplex that I would like to purchase however the owner will not go down on the price and insist its a money maker at the asking price of $115k.

I would look into getting a few estimates on the renovation/addition and see where the numbers actually come in and then move forward with decision making.You may find that it will be even more expensive than you anticipated, or right where you thought and you can make real decisions instead of hypotheticals.Estimates are almost always free so it can’t hurt to get real numbers.

I purchased it a few years ago and to make rent-ready I am invested at $44k ...

I am a young investor hoping to eventually make real estate my full-time career and would welcome any opportunity to learn about syndication and add value to your current business/portfolio any way I can.Thanks!