Sounds like you have taken on a big project for your first one, but that's how we learn.

Research sold properties to see if the #s would make sense given your projected down payment amount.

After some minor maintenance projects and improvements, have had very few issues and cashflow has been slightly better than expected.

Challenges with finding people who want to do a smaller projects and not cost exorbitant amount of money Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

Chas, The best option you have is that VA loan - the difference is SO massive between a DSCR or investment purchase and the VA option.

Is it good idea to do this project spending about 10k now.

I ended up not even going STR after digging into her projections and finding out they were not realistic and were just based on city-wide data.

Specifically, creating a property project timeline for work that needs to be done and when to prioritize XYZ.

We recently sold our one rental, but we are looking for our next deal/project in the area.