I expect the work to cost about $150k plus or minus $20k.

Startup costs paid out of pocket should be recorded as capital contributions and may be deductible as startup expenses or amortized.

You could certainly reach this demographic, but it could also cost you substantially more than the return.For the money, your best bet is probably a dedicated website for your property with the key words that you want to convey.

Some serious baked in costs for each. 

The Mexican corporation, generally advised if you buy multiple properties, given the higher costs.

A good baseline is to calculate material costs (e.g., $300 for paint and supplies) and add a fair hourly rate for labor.

Who cares about lifetime interest costs, except to the extent you can easily lower them (refinance to a lower interest rate) to increase your cashflow.

Home prices are one, cost of living and relatively disaster-free weather keeps insurance costs down.You can look up the median home price for every city or metro area.

Target neighborhoods like Brewerytown, Kensington, and Point Breeze, where demand and ARV potential are currently strong.Your skills in renovations will give you a significant edge in controlling costs and boosting returns.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.