My husband and brother both have extensive backgrounds in construction, while I have experience in design, so I am very confident that with the updates we would make, the house could be worth over $900k.

Step #PhaseStep1DiscoveryTalk to experts and learn (process, tips, design tips)2DiscoveryCreate social media and document story3DiscoveryGeneral research - budget considerations, financing options, permits, regulations, tax considerations4DiscoveryMarket research - competitor analysis, analyze guest reviews, market trends5DiscoveryGather ideas/inspo (blogs, articles, youtube)6DefineCreate brand and vision7DefineCreate guest requirements (e.g. coffee maker, natural light, near activities, etc.) and prioritize must have, nice to have, etc.8DefineSketch idea for look and feel (architecture and design) - map out the floor layout9DefineConsult an architect (is this needed?)

Design/pre-plan as much as possible.

What does getting a NARPM designation do except signal to me that you're a PM willing to spend some money with an association? 

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

I'm working with a local engineer on finalizing a couple of ready to build ADU/triplex plans that I designed specifically for Oregon for my own uses, but you've got me thinking re: scale in general.  

I hired an architect and he did some rough designs.

Rent collection is free only with the subscription, does credit building, great rental contract generator, site is very simple in design.

They can't be vague and are specifically designed not to be left open to the subjective interpretation of a fact finder.