Zandi said the added cost would be even greater for Americans with lower incomes or credit scores."

One other possibility: the property has already been rented, and they just haven't bothered to take the ad down yet.

We use Google Docs Template - it is good because you can share it digitally as well as print and leave in home. 

Also consider adding higher end finishes in the bathroom(s).

Adding more details can help get better advice. 

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For my short term rentals I am really going to focus on adding improvements that will increase my daily rate and guest experience.

If you added in the cash you should have to protect against contingencies, the actual return goes down (or the risk sykrockets, your choice)- If the $300K properties cashflow, definitely a better bet. 

That added a 12% expense bump- totally changed the vacancy dynamics.

In this case though, it makes it very tough to keep the current property cash flowing if I pull the money out through the HELOC though (while it's not directly added to the mortgage, it all still washes out into much larger monthly payments) though, so I am very leary!