Once you have a short list, get an account with each one and run them through the wringer to see how they function.

Once remodeled and fully functional,according to comps, should be over $200K.

You need to modify the lease so that the tenant pays if the chair lift breaks (no reason to take it out if it is functioning).

Khushi, It is difficult to visualize the setup for me without seeing it, but as a general thought I would not want to make a master bath smaller.

My thinking is that as long as the yard looks like a yard and can function as a yard (ie. junk-free, has grass & dirt), then it doesn't make much sense to invest heavily into landscaping like re-sodding or other projects.

For someone who is going to be a hands own operator and rely on real estate as their full time employment in lieu of a W2 job, or foresees that transition at some point,  buying the entry level low barrier assets can serve a useful function.

Got notified of an off market property already functioning as a STR... what questions to ask?

I took an excel sheet I found online (from "Tactica") and tweaked it a bit to help track and compare different major cities/ different local cities by taking its population growth, labor stats, and rental stats/ multifamily stock to help someone visualize the different places and see where their next investment could be.

A few things that new BiggerPockets members do to get themselves out there and start forming valuable connections:1. use the 'search' function to find topics, members and areas of interest .

Plug it all into BNBCalc and share it so others can give you feedback- look at the tax savings via the "short-term loophole" at the bottom and learn how that functions as well as it can be a huge aspect of your investment.