@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Simple standard sales process."

Hard money and standard loans (Conv, DSCR) are unlikely to be available for deals under $75k.

It is an opportunity to increase ownership of great companies with great management at good prices."

If you have a good insurance broker, you should be able to use a more standard policy though.

First impressions matter and presenting a property in its best light can attract potential buyers and increase its market value.

STR standard depreciation is 39 years @Andy Lanyi@Jonathan Cooper even if you take Bonus Depreciation as @Basit Siddiqi highlighted the remainder 40% will be prorated using the Half-year convention or Mid-quarter convention used in line with what you read in IRS Pub 946 

Is that a national guideline or is that just more local bank conservative standards? 

Managed a substantial rent increase with two newly qualified tenants.

They got caught short with the recent rate increases.