Over the last (3) years I have seen some extreme cases of expedited equity where an investor buys an older home or "Ugly Inventory" and then bats clean up on the ARV in 12 months.To give you an example I helped an investor refinance her home in 2023 pull cash out to buy a $65K home all cash.

Plumbing: The plumber spent hours cleaning out “flushable wipes” from the pipes.

In 2019 my mission beach units had average revenue minus cleaning of ~$80k.  

Since you mentioned a construction site injury in your initial post, the best way to proactively avoid premises liability claims is by keeping a clean worksite.

Direct expenses are expenses directly attributable to the rental units (ex: rental unit repairs/cleaning, advertising, rental adm exp, etc)

They were unable to do so and have ostensibly walked away from the project leaving their partners to clean up the mess.

What are the cleaning and management costs? 

Most of the time is spent answering guest inquiries, scheduling cleanings, and handling the occasional issue that pops up.

Following dinner my partner and I went to tend to a B&B guest and one of the friends “cleaned up dinner”.

I rent STR mostly through airbnb which acts as a rental manager and I have an assistant that I personally hired to flip/clean the units and also on site for renovations.