We have heat pumps/mini splits in our properties, and the guests crank AC in the summer (which is fine - I would too), so utility bills still amount to a few hundred bucks per month in the summer.My general thought is that I don't want to own an STR property if it cannot do $60-80k or more per year in gross revenues.

It's heavily wooded where I am so I was thinking an acre between would work at min. I

I am planning to buy and hold for 10 years and sell it for my child education and my retirement.Or if I hav the finance increase the value by building a mini commercial complex like McDonald,postal service,petrol station,etc,The location is a issue now.Either I should buy in urban or rural area.If you need any other additional info please let me know.Tonnes of appreciation

And am I nuts for taking the mini/max approach to any deal I evaluate?

And I have my  GC do the mini inspection and tell me the age  of roof and ac etc, so I am ready to sign contracts as soon as they call me.  

Definitely understand what you mean about it being mostly paperwork... but what about a mini-vlog series by you or Josh where you update the audience, show the paperwork, record the phone calls with the seller, show us the progress of the property etc?

The tenant has expressed multiple times the desire to change things (paint) but never actually did so I am taking this with a grain of salt and told her we would discuss again when she is ready to move forward.Whenever that tenant moves out, I would probably have to replace the current carpet due to age and mini blinds are also old (but functional), which is why I am considering the idea.In any case, I would be reviewing quotes, finances and contractor and figure out a way to make sure the work will be finished before I OK the change.

I like mini split heat pumps from eBay because they are easy enough to install yourself and operate down to about 5 degrees Fahrenheit.

I think I'm just going to extend that step so that it follows the door swing all the way to the wall, so it's like a mini landing area. 

I hope you enjoyed my mini-novel and I am open to questions, suggestions and comments!