I'm still fairly frugal in a few key areas, but overall, spending way more now. 

Since rents are pretty standard in most markets and don't fluctuate much.. and since the homes can be bought for wildly different numbers IE what a wholesaler pays by the time its gone through rehab and mark up for profits for all involved the number is much higher than an Identical property that say a local bought and did it all them selves. and since in most turn key areas at least sub 80k or so  retail sales are far and few between..

Some of them wont touch a new construction project though so I am trying to track down affordable options for a few key areas...

Hey Ravi,I live in NW Bradenton and I own several STRs and manage several others in the Bradenton, Anna Maria Island, Longboat Key area.

Your market will determine what you want to use for this value, but I've used 20%.RevenueFor revenue projections, ideally you can triangulate this across 3 key areas, but sometimes you'll have to rely on only 2.

Also,  below I have some basic questions:-Process or possible Roadmap -Get loan pre-approval letter-Issue formal offer-Get offer accepted - go to contract with a 35 day term-Property inspection ---Key areas: building with solid ductwork, plumbing, structural, electrical, etc.

Opportunity Zones.As I follow NREI ( National Real Estate Investor) Experts are predicting that Opportunity Zones are going to be on the top of HMW (High-Net-Worth) Investors list with multifamily, marijuana, retail and industrial are emerging as some of the key areas to watch IN 2019.

A well-planned project reduces the risk of unexpected expenses and delays.Set Clear Priorities: Identify the key areas or aspects of the renovation that will have the most significant impact on the property's value and appeal.

Keying in on those key areas.

Not saying buy designer furniture, etc. but spend the extra dollars on the key areas that will make your place stand out on the first 1-5 photos online.