Wishing I had bought a duplex or really any piece of property straight out of high school for a jump start but here I stand. 

Our area, Destin FL. is somewhat new for AvantStay and they have had some growing pains with their resources in this area, BUT it has not impacted our experience or their quality of service.

They bought it and held it, come hell or high water.

Maintenance and admins fees are high.

Even if it's a total rehab if the land bank has a property in an area where the arv's are substantially high wouldn't that be a good deal or a promising neighborhood for buy and hold.

If you’re below $275K, focus on high-impact upgrades like improving curb appeal (landscaping, fresh paint), refreshing the kitchen and bathrooms (new hardware, lighting), or adding energy-efficient features (smart thermostats, LED lighting).

Now that is a very high level example but the appreciation is not gone if that makes sense you will capture the ballpark same appreciation if the properties are comparable.  

You also need UX, support, quality, a million other things.

@Serge Hounkponou Recommend you first figure out the property Class you want to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Prices are higher, but rents are very high as well.