Then when the tenants moves out, you can assess if there's any damages or cleaning.

I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.

Definitely helpful.I got a lawyer who did overcharge me a bit but the tenant left the property spot clean.

Now what you should do is contact the title company and confirm if title was going to be clean and marketable.

With the exception of 1 bedroom units, you basically have 2 options:-Oversized/commercial machines (potentially multiple sets)-Off site cleaning with clean spares on siteThe latter is almost always the most efficient and basically what hotels do at scale.

Our Underwrite takes 24-48 Hours, if we are provided with clean and correct documents.

Additionally, consider operational costs like cleaning, staffing, and marketing, as they can quickly add up.For management, outsourcing to a professional property manager or leveraging tech platforms for bookings and operations could streamline things, especially if you plan to scale.

STR management is 20-25% (I would recommend self managing or getting a VA), since income is higher you could probably get away with 5% for maintenance / cap ex but remember you need to cover utilities and cleaning for these units which drives up costs.

That said there are some nuances and requirements to property implement interest tracing so ensure you talk to your tax professional ahead of time and keep the funds movement as clean as possible. 

What I'm planning: buy and hold the property, brush and clean it up with intent to hold until cost of funds drops a little in 4-6 months.