It will be highly dependent on the district and licensing.

So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

Depends on the brokerage you have, but the one we use currently has a rate at 5.83% at 50% LTV.

If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

The utility company doesn't manage your property...they provide paid services until they're not paid anymore. 

Or paying off my debt, while I provide them with a nice house to live in instead of an apartment. 

@Adam Newman you will want to confirm this with the bank but you can’t take a loan out to borrow for part of the down payment so you’ll need to provide all the funds yourself or have a gift from someone for that which you don’t have.If you have a gift from someone to bridge the 20%, that would be ideal.  

That makes your bookkeeping easier, and it can also provide liability protection if you hold title in an LLC.

The management company just didn't do a good job of providing details on bills and never checked on the units.

Depends on which state you're considering.This is just off the top of my head and far from an exhaustive list of considerations.