I’m estimating renovation costs at around $150,000.

If that is the case then that is considered cost of doing business and I would advise that should be calculated in your costs/returns you provide to the investor.IF you are referring to the investor who is the borrower - then I would have included that cost in the loan agreement.

.- You’re still responsible for a $500 gap each month.Add in maintenance, unexpected expenses, and vacancies, and your costs can climb even higher.

I know we can start with DSCR and refinance, but then you're paying closing/origination costs twice.

My realtor stated I may not have enough cash to cover rehab cost after selling.

Byrna    it has an effective range of 60'  Have any experience with one of these?

The property offered a balanced investment opportunity—enough to significantly enhance its value through renovations, yet manageable in scope and cost.

Typical Project Management Fee for a GC General contractors (GCs) typically charge a project management (PM) fee of 10-20% of the total project cost.

TIAHi Dawn, regarding your occupancy, with in effective dynamic pricing policy, you should still be able to beat the market while weeding out “bad” guests. 

You should factor in time value of money and opportunity cost.