You need to determine the best route for each deal you do. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Your real estate agent will help determine what level of staging will make the most impact on your house and market.They can help you decide if professional staging is worth the investment, or if you can knock it out with their advice alone.

As others have stated, you have not provided enough information to determine whether this is a good deal or not.

And how do you determine your company's returns on these types of projects? 

Proximity to Nashville is key—properties within 5-15 minutes of the city tend to attract more guests, but a nicer home 20-30 minutes away could provide more value in the long run.Make sure to research short-term rental rates in both areas to determine which offers the best return.

My goal is to move more onto the ownership/management side of the real estate industry as soon as possible, but am not sure the best way to go about making the switch.

@Frank Hotard oh man the joys of home ownership! 

For me, the first pass at underwriting is simply about determining if a deal is worth exploring further.In the current market, I’d say 9 out of 10 deals are dead on arrival.

Quote from @Tom Gimer: @Jay HinrichsIf a law is passed that has the effect of reforming existing contracts, there is a fairly detailed analysis/framework for determining whether it would be constitutional under the contracts clause.