I would guess that you have little or no experience running any kind of STR, and now want to get that experience on the back of someone else's investment, with little or no personal skin in the game, and that's not a good way to build an investment portfolio.

Appreciate the kind words.Looking to 2025, my #1 goal is to expand my portfolio by purchasing and house hacking a second 3-4 flat.

Even if city looses, they'll probably make things difficult on operators with all kinds of rules and regs like many other cities. 

Short 1.5 minute video walk through of all of the rooms, bathrooms, common areas, etc. 

So thats kind of the standard operating procedures in those markets and nothing really sells for full list price..

You should be able to realize 3-5% pretty easily with that kind of money, so then it just comes down to how much work you want to do and how much income you need/want. 

I'm only guessing.I would think that it would be pretty easy to discern what kind of repair was made.

@Clayton MobleyThank you for your kind words.

BUT, my business was built on being kind to tenants, and fair to owners.

Show them kindness and they may do it in return.My last tenants were in their 20s.