The unit consists of two beds, one office and one bathroom.

Doing a short term rental in a separated area that has its own designated, kitchenette and bathroom, would likely give you better returns and less headache.

While people will share a bathroom in say a 2/1 it is likely a harder sell in a 5/2 and the price you command is less. 

Kitchen and bathrooms.

Usually my agent is the one asking me to how to calculate ARV and find cost to fix the bathroom,etc.

I am ready and will be starting with property number one sometime, hopefully, quarter one of 2025 with a possibly 2 bedroom and 1 bathroom single family home; as this is within my current budget.

The 4 guests smoked marijuana in the house (strong smell), broke a window blind and a picture, put a hole in the bathroom wall, chipped an end table and worst of all vomited on the couch and front porch.

For example , the rental amount doesn’t depend on number of bathrooms, garage, basement status or property size.

The bathroom and kitchen were replaced.

Keep in mind local zoning laws and market conditions in Portland versus Salem—Portland might offer higher rents but stricter regulations, while Salem could provide better cash flow opportunities.Your design approach has proven successful, so continue focusing on appealing upgrades like kitchens and bathrooms, but prioritize cost-effective and durable materials for rentals.