Key is to risk adjust your returns.  

I want to give it another shot to sell, but this time as a tenented, turn-key with 12-month lease in place and great tenants.

It seems like a lot of short term rentals don't get updated and that's a key differentiator that we're hoping to take advantage of.

Short-term rentals are booming right now and offer a great way to generate income quickly.The key is to take that first step, do your research, and believe in your ability to make it work.

There is no differential factor number, however, it will change if you are buying tenant occupied, if they are are going to be vacant at closing, if they are going to stay the full lease or you have to pay cash for keys.

@Mathieu Laquerre that's what I'm understanding - the proper systems and the reliable team are key in long-distance!

Creating a scope of work is the key to estimating rehab costs.

Should have done cash-for-keys with the occupant.

Rod, you're in a strong position with your credit, equity, and income, and the key now is optimizing your financing strategy to scale efficiently while maintaining liquidity and leveraging smartly.The offer from your local bank isn’t bad, particularly because it provides the opportunity to convert your portfolio into a commercial loan, which would free up your DTI and allow you to scale further.

.- Inform your tenants about the proper use of the dumpster.Each tenant should be responsible for taking out their own trash on the designated collection days, but having a common dumpster is usually more convenient and cost-effective.Remember, clear communication with your tenants is key.