Quote from @Zachary Deal: Choose neutral safe tones and get nice materials but don't splurge too much on very fancy cabinets, counters, appliances that someone else may not value the same as you.This is so true.

Is $107k your true net, or do you have any other expenses (mortgage, taxes, lodging taxes and fees, insurance, utilities, landscaping, WiFi, etc.)?

When it comes to the STR game, differentiation is critical, and that can be challenging with a 550 square foot oceanfront condo. 

Now I am getting in the game myself.

This is true regardless of the country. 

Lots of people either rush in to quick or don't ever get in the game.

However, my true goal has always been to develop, buy, and manage real estate—something I’ve dreamed about since I was 12 years old.

Yes, you will need a cash or PML to buy the house, but it is true of any real estate transaction with the exception of wholesaling. 

I added arcade games, board games and accept pets as well.

It's a relationship game more than anything, so if you're building strong relationships with them and providing a consistent product, you'll be golden.