Yes, if it’s just a web frame cross-development framework that lacks any ability to leverage a device’s native capabilities then the cheapest route to market via web certainly wins.   

Market rent is $1400-1500 for each unit.

Keep networking with locals in your market who are doing what you want to do and then you will be able to chart a path forward.

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

Hard to say if it’s a good deal without the most important piece of data, what is the fair market value? 

Obviously you jam it all in the stock market for 11%.

We had to wait approximately 6 months to finally receive it within our own account   He also did not begin marketing our unit until late November 2023, which was ready to market immediately upon hiring Jeff. 

We invest in Idaho, probably the most landlord friendly market in the country, had good luck there. 

(i.e. initial decorating and painting, bookings, rate structures, marketing, bookkeeping housekeeping, etc)? 

Bought undervalued (market value of 265k); refinanced about 1 year later to contribute to next property purchase.