I dont think you can call it totally passive if someone does that they are probably going to make a mistake you need to work the loans and put time into them to ensure all the safety items you mentioned.2.

.- when a lender is calculating the rental income to use for qualifying income - depriciation is normally a line item that can be added back 

Upgrading items in an STR can lead to high ROI, because people are paying for an experience and looking to treat themselves, their friends, and family.  

With its steady job growth and diverse real estate options, it offers excellent potential for investors looking to start or expand their portfolios.

The North Texas city's population has grown by 7% and its economic diversity has been a key factor in sustaining employment and population growth, according to the report.Austin's prosperity was tied with Fresno, California for a top 5 rank and total score of 59.9 points.

Still, enough to rise to an action item addressed at top level, and with communications of such reaching beyond the regional lender itself.

Homewyse.com is a good source to get costs for individual repair items based on zip code if you need them for your spreadsheet.  

I see so many trash deals from people who have never flipped a property and they have no concept of why it is even a trash deal.That doesn't mean you can't succeed without item #2.

However, in my market, realtors often ask for an offer before providing basic information like the age of the CAPEX items, including the roof. 

Items I would like to see integrated:- CRM- Email Marketing Campaign (likely from CRM platform)- Issue/Break fix tracking