The average time a home spends on the market is <30 days. 

Contractors do , BUT we are spending large sums with them on a regular basis .

And with a hospitality focus on STR there is a monthly spend on consumables.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

It's better than spending money every month on the mortgage. 

I cannot imagine someone spending their hard earned money to make their room look like that. 

IF the company spends a bunch of money underwriting loans that don't close the company needs to do a better job of taking on loans which will close, which frankly is not my problem.

Don't start buying the cheapest thing you can find, you'll end up spending WAY more- especially in a MFH, you'll be multiplying your losses. 

I agree with 100% with @Clayton SilvaA general tip: Spend time on income producing activities and ignore most of the rest. 

Yes, he can purchase multiple properties of different sorts (single family home, commercial building, DST, Mineral Rights, etc.)One important thing to keep in mind: in order to defer 100% of the capital gains taxes, one would have to spend ALL the cash proceeds from the sale of the property and purchase equal to or greater than the net sales price.