It sounds like @Amy Wan can reference the crowd funding options but explain the limitations on cost and scalability.

Document the condition of your property inside and out so you have that as a reference point later down the road.Yes having a conversation will be helpful so that they clearly understand how to care for a septic and that you cannot flush certain items.

I have a Detroit banker I can refer you to if you're still interested.

If it is dead at the rent point you reference than so is initial positive cash flow.  

Would be useful as a landlord when the tenant moves in/out to reference for damage. 

I've seen insurance premiums for flood go up to 5-6k on a regular single family home depending on the area. 

Quote from @Marc Shin: For my STR, should I be using waterproof LVP or regular tiles for the bathroom floors?   

Take notes to reference later.  

I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

@Ben Capone Thanks for that reference!