Utilities, taxes (property, local vacation, & income), landscaping, furnishing / decorations / amenities, pest control, & supplies (soap, TP, etc) are the big ones on my STR calculator that you didn't mention.I'd also recommend using the enemy method to determine expected income.

It is a 3 bed 1 bath located in Dallas, Wi. 2900 square feet, built in 1920, 1 car garage, and a beat down shed in back.The house definitely needs some love to up the value of home, but I have the knowledge to do 90% of the work myself for this flip. 

Full bed, full bath, sitting area, living room, and we will be adding a kitchenette.

On the other hand, sometimes it irks me when I book a 5 star rated place and it's disgusting inside and the beds are awful.

The listing says there's an unpermitted 2 bed 1 bath garage conversion, so I'd be extra careful about making certain it's vacant before closing.

The demographic is higher-income, and there is a robust increase in building permits for multi-family structures, suggesting a readiness for upscale, possibly expansive living spaces that could attract premium prices.Specific Focus: Scottholm area offers lucrative opportunities with 4+ bed houses selling for $300K+ in the past 6 months.13206: Emerging Market for AffordabilityTarget more affordable, multi-unit or single-family homes.

It will be a 2-3 bed 2-3 bath condo.

Rents for single family home, 3 bed 1.5 bath in this area run around 1,00-1,400/month.

Unless you're renting to people who cram dozens of people into every corner and share beds, etc....I would go high class and do (2) 10 x 12's, that's only 240 SF and leaves you 300 SF for living/kitchen....do a Jack n jill bathroom between the bedrooms...

Asking 115k, it is a small house zoned as a 1-bed but looks like they’ve added at least 1 bedroom.