It sounds like you’re in a great position to succeed, given your extensive renovation expertise.As a fellow real estate investor, I completely understand how challenging it can be to choose the right design elements, especially when you want to make a space appealing to potential buyers.

Based on your post and other comments, it sounds like your rehab is extensive enough that the property isn't habitable.

A smart seller/listing agent will likely require a large EMD to tie you to performing on your offer, so be prepared for that. 

Perform this research by using the rent comp tool on BiggerPockets as well as FB marketplace, Zillow, Craigslist, etc Also for those 15% of units that are “at market”.

but with that said, it seems like you're assuming OP will be able to have a high performing / top performing STR (which i think we would all agree would beat unleveraged market returns.) 

If your current photos are performing well, you don’t need to change them often—just refresh when there’s something new to show!

@Preethi S. understand your concerns about PMCs defending themselves and throwing owners under the bus.But... how is it okay for you to NOT share all the context, yet throw the PMC under the bus, and by extension all PMCs?

I've extensively searched online but haven't come across relevant training courses or tutorials.If you have any insights or recommendations on where I could find resources for learning Yardi, I would greatly appreciate it.Thanks for your assistance!

Opting for mid-grade materials will help stretch your budget.Structural/Mechanical: If the home needs a roof, HVAC, plumbing, or electrical work, that can take a big bite out of your $50k fast.

He even agreed to selling me one of his since it’s already performing and ready to go.