Mud and Paint will make you the Contractor you Ain't.

The best you can do is check all the visible areas possible for any evidence of them that may still be present (i.e. mud tubes, etc).

It's Chicago, everything is as clear as mud on purpose. 

You can get pricingKitchens/Baths - call some they'll tell you a price per square footThe sheetrock, spackle, mud, finish, paint: THIS IS the make or break. 

Once I even had to re-mud drywall in the entire house to get rid of the problem....after sanding wood floors 3 times!

Cheap properties are cheap because they are undesirable and the local tenant pool is usually undesirable with higher maintenance, and vacancy which can lead to negative cash flow and poor appreciation.

Better/best case, even if the occupancy rate is as low as 15% (Rabbu, AirDNA, and PriceLabs all have Conway as above 50%, and I'm not going to buy and undesireable piece of cr*p place), which is extremely conservative, I will net a higher cash flow from the STR than the LTR.So overall, that's why I'm here.

A multitude of people do:LandscapingRoofingMasonryDemoFloorsPlumbingElectricalHVACKitchen/Bath remodelPaintThe tough finds and the most important trade is the sheetrock, taping, mudding. 

You will have to patch with drywall, mud, sand and paint. 

Military housing is at high occupancy on-post, making various home displacements more common off-post in hotels or short term rental homes.Small multi-family homes vary in neighborhood types, but the majority of them (but not all) are in a low to middle class area, raising the chances of getting unappreciative or undesirable tenants.As I mentioned earlier, I have no properties and only watch the market for now.