It'll be a bit riskier than buying something already renovated, but if you have the right team and numbers in place you could pick up some more equity on day 1, have less money out of pocket, and have something that produces some cash flow. 

There could be better options where you can still keep your monthly a bit lower with a higher income producing separate unit.Hope this helps!

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

I have to file an addendum or contingency clause covering it. 

You'll need to produce evidence that the unit was left in a condition that didn't require cleaning.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck. 

The warranties always take a lot of time, and you will either end up filing a warranty to find that it is going to take too long and then purchasing something else the same day, or you will end up giving refunds back to guests while you wait on the warranty to be handled.I learned this the hard way when I first got in to rentals.

I'm not the one to promise anything as I am not one of the very talented producers at BP, but please submit your info through the link biggerpockets.com/guest and we keep inquiries on file for the future too!

I'm only building rental cabins which is a higher price point due to their ability to produce income. 

On top of that, it's hard to manage a growing portfolio if it's across different markets - something as menial as receipts and documents for tax filing needs to be super organized.