Readers should seek professional advice.

By a professional estimate I mean having a contractor bid the work, not just me estimating the jobs. 

That doesn't pass a cursory BS test, and risks the appraiser calling out either fixed plumbing + permits, or a licensed professional remove the bathroom.

Welcome to BP - this is a great platform to initiate your real estate journey.Dive into comprehensive guides, connect with experienced professionals, and explore a wealth of opportunities that can help you achieve your real estate goals. 

Readers should seek professional advice.

Additionally, consider operational costs like cleaning, staffing, and marketing, as they can quickly add up.For management, outsourcing to a professional property manager or leveraging tech platforms for bookings and operations could streamline things, especially if you plan to scale.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Very professional, reasonable fees.

As someone commenting from their experience as a Spanish national and someone familiar with both markets, my goal is to share perspectives based on my personal and professional knowledge.I understand that you have a different perspective, and I appreciate you sharing it.

I'd only add to get a professional inspection done with a very thorough team.