You should be calculating Cap Ex for all long term items that will need replacement at some point - appliances, roofs, ac, water heater, etc.

I have a spreadsheet of the rough timeline for when roofs and cap ex items will need to be done.

Our RV insurance policy is through Progressive and specifically states that it does not carry over to any other properties. 

The other is end of service life items such as the roof that would have to be capitalized aka Depreciated rather than written off as an expense immediately.

I'm currently working on scaling up quickly through purchasing large SFR portfolios and/or apartments, and I've spoken to a few sellers willing to carry back a seller 2nd note of 20-30% (i.e. the down payment).

Yes I can do 10% down, but only if the seller carries a 10% second position. 

There were other items on the agenda that were disregarded, which I found maddening.You should also check out www.taxsaleacademy.com if you're looking for training to get started. 

This got me thinking there are probably other items we need to upgrade in a mountain STR.So here's my question for those with experience in the area: What other items or upgrades do I need in a mountain home STR that are not obvious to a newbie/city dweller?

The former developer already had them set, but never developed.Several utility items to do are Water and Sewer along the front road. 

The good applicant eventually gets tired of carrying the water for the other, leaves, and you are stuck with a bad tenant.