In my market and markets around me you can get a high quality rental for 150-300k.Rentals aren't feasible for everyone especially if you're in a market that's super expensive and not a seasoned real estate investor this is what leads people to invest out of state passively. 

I would look at airbnbs that are available in the neighborhood to see their rates, quality, and how far in advance they have bookings. 

Some people hate debt and it reduces their quality of life to have it (for some all debt, for some only if that debt is not attached to an appreciating asset).

Features like stylish countertops, and ample storage make a big difference in both functionality and visual appeal.

NEW TENANT GIFTSHere's what we give new tenants.....Cleaning Bucket with Cleaning Supplies:white vinegar, baking soda, awesome degreaser, disinfectant wipes, carpet spot cleaner, magic eraser, all purpose cleaner, scrub sponge.Tote Bag with Useful Items and Tools:hand soap, paper towels, plastic garbage bags, toilet paper, toilet plunger, Zip-It (strip for clearing hair clogs from drains), plastic clothes hangers (6), shower curtain liner (good quality cloth one), laundry detergent, dish soap/dish detergent, cutting board, "Freeze the Grease, Save the Drain" kit, “Recycle” bag for collecting materials for recyling, magnet with our name and contact information, picture hangers.Refreshments In the Fridge (for move-in day): several bottles of water, healthy snacks, bottle of sparking cider with a welcome note attached.Larger items: Welcome mat, shoe tray.

Sometimes it is better to pay more for quick, quality work then trying to save a few bucks.

Repetitively. it's OBVIOUS that something happened and my bet is exiting tenant, vendors who were in, or this new tenant but your NOT gonna know who or what until you get it scoped and find out what the impaction/build-up is and from visual a guesstimate of how long it's been down there. 

Those little upgrades can make a big difference in attracting quality tenants.

Some owners don't want to put out tens of thousands more to outfit a high quality STR. 

Today the real need is quality lead lists of actual motivated, stressed sellers!!!!!!!