Rentrange costs the manager to run each report, so as long as you do not abuse it or send the PM 30 properties I would help you.

with some training on how to lend.. hopefully a step up from not knowing what they dont know about lending. 

A post on recapture.People are concerned about recapture when they cost segregate their improvements and for good reason.Recapture is real, and those deferred taxes will need to be paid.But fear not!

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

@Enrique Toledo  Any update on this potential deal and what you wound up doing?

My budget for the first property is $50k ~ $100k total cost (including rehab).

Any tips on balancing renovation costs with tenant expectations when preparing a property for midterm stays?

That's up to your goals and long term strategy.

Strategies like living in a duplex or triplex, adding an ADU, or renting by the room can help maximize cash flow while leveraging FHA or VA loans for lower upfront costs.

Turbotax isn't going to educate you so unless you'd like to educate yourself and potentially make some costly pitfalls, then I'd outsource.