@Nathan G. thank you for replying, even if it was an insane amount of math to drudge through early in the AM (:My calculations definitely don't take in the "X" factor of REI; which you nailed it... understanding how to manage the property effectively, and to grow the cash returns inside each property year over year.

I know there is a 1% cap on STR (reading this is about 400 given that there are 40,000 homes).

Check out this article from Market Watch:https://www.marketwatch.com/story/the-hottest-housing-markets-of-2020-are-far-from-the-coasts-2019-12-12They nailed it on this one.

@Jonathan ValdesCassie nailed it.

@David M Trapani hit the nail on the head.

I'm trying to nail down an effective system since currently my team doesn't seem to have any consistency with how these are written so I'm having trouble identifying which styles are working.I've included an example below and would love any tips or critiques! 

I think your percentages are good, and you hit the nail on the head saying that it is all property dependant.

@Ronny Tiburcio hit the nail on the head get the deals first, while you're working on deal acquisition you're talk to a CPA like the guys over at KRS, they know a lot about real estate and can answer your tax related questions.

Clean floor behind/around the toilet.Closets Shelves: Wipe down all shelf surfaces, including rods.General Make-Ready Please DO NOT fill nail holes or attempt wall and/or trim repair.

Tough to find that sort of going in cap on marketed listings in over-saturated markets such as Seattle, Portland, Boise, SLC, etc.