Interior and exterior renovations and improved management plan in order to increase rents closer to market and mitigate expenses.

Making a larger down payment can improve your loan terms, but keeping some cash reserves is also crucial for unexpected expenses and future investments.

It continues to improve and will improve. 

Completely overhauling the property and significantly improving.

Do you feel QBO would be superior than a spreadsheet to keep a record of cost basis, capital improvements, deprecation, etc? 

The reason I say this is that if you go to fix up the place and make improvements without getting the right contract into place, the seller could change their mind and keep the property. 

Our ability to secure and resell the property swiftly underscored our expertise in maximizing value without extensive physical improvements.

recessed/sheetrock is a low cost, no brainer improvement that sells.

They don't care about your property, won't suggest the improvements, and just live of you.I self manage AirBnb in Seattle and hired a remote PM in another property and should admit that if the PM is not local I could do the work and take care of the property much better than a hired PM.

Always gotta be studying the market, studying your competitors, and improving your homes to exceed the rapidly increasing competition.