However, we’ve been consulting with Roofstock for a few months now and working closely with them on developing an API and I have to give them credit for making big strides in this space.  

My three pieces of advice:(i) Source of Life liquid vitamins (on Amazon.com)(ii) Rowing machine (see velocity fitness rower, also on Amazon) -- can get a good work out in only 30 minutes and doesn't take up too much space (albeit more than an exercise bike)(iii) Juicing (with less fruit juice) every day

My advice - find a legit mentor that may partner with you as cohost is your first property, willing to share knowledge and you absolutely know for a fact they hv experience in the airbnb space with their own properties; gather info on internet, buy a couple of books - all the information is already out there.

I feel that for a single person or a couple, this would not be a dealbreaker as one room could be used as the main bedroom and one as an office/personal space.

You might have 10 years to recoup the overall investment simply as a STR but might net quite  a bit more in the long run in equity.Alone it might not be worth the squeeze to get that juice, but adding in the equity, you could come out far ahead.Also, If you added slightly more space, could you add the master and another bedroom/bath?

We updated the unit cosmetically through paint and furnishings, as well as consolidated the kitchen and added more living room space.

If you're breaking even with a PM in the sfr space,  consider yourself lucky. 

Become an LO in the Private/Hard Money space, and pursue both.

There are not enough hotels and bed and breakfast spaces for all these people, so private bnb rentals (such as Airbnb, Vrbo, etc.) are booming in Salem.

Complete remodel including new flooring and paint throughoutupdated the bathroomremodeled the kitchen- added a dishwasher and gave more dining room space (did not remove a wall just remodel the kitchen so that the refrigerator could fit in it) added more cabinet spacenew light fixtures throughoutadded curb appeal What was the outcome?