Best thing to do would be to speak with a good local CPA who can guide you through all of that.  

I do all of this remotely, so I use the above process to filter out 90% of the properties and then send the other 10% to my local team for verification.

Local CPI for this period is 3.6% so max increase in 8.6%. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Selling a property that requires significant work can indeed be challenging, but there are several avenues you might consider exploring:Local Real Estate Agents: A local agent with experience in selling fixer-upper properties or historical homes in your area could provide valuable insights.

I'd highly recommend attending some local reia meetings.

You will need someone more local who is incentivized to be available to do showings and handle issues.

We reached out to other contacts we have locally that also do rentals to get a recommendation and I am glad I did. 

The only inconvenience is I have to pay booking.com a commission at the end of the month, and I have to remit the local taxes myself vs.

  (2) Variable cost: platform fees from Airbnb and VRBO, lodging/hotel/transit or whatever pass-through tax your local AHJ requires, cleaning fee, cost of replacement for consumables, repair and maintenance, etc.