So, scope out the competition on #1 & #2 above to understand what the rental or sale market expects.- You will lose money if you go overboard!

It's crucial to keep investors informed about these factors and help them understand the rationale behind our long-term strategies.

I understand the condition of the property may not be great, but if you're just trying to get rid of the property, then why does the condition matter to you?

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

From what i understand, the space heaters are a big fire hazzard. does your insurance allow them?

It is for the smart intelligent hard-working folks that understand success is in their hands, and with the right tools it can be expedited significantly.

Quote from @Femi Alakija: As a newbie, I plan to gain a deep understanding of real estate fundamentals, including financing, property evaluation, and market trends. 

I understand if a contractor doesn't want to agree to it.

A good way to get an understanding of how to get into STR is :STRATEGY: Start Up Guide to Short Term Rental Investing 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.