@Chris KayCosmetic Updates - If you focus on flooring, paint, fixtures, and a basic kitchen and bath refresh, $50k is doable, especially in markets like Michigan.Full Kitchen and Bathroom Rehabs: Depending on finishes, these can eat up to $20k-$30k alone.

They had to refinance it to basically kind of save the house now that everything is kind of on track she wants to renovate the property.

Reporting is basic, but it tracks all rent inflows/outflows. 

You basically have no escape plan.

While technically business purpose loans, these will still basically be 30yr (or whatever tenor) fixed rate mortgages.

Also past performance from any investment is not an guarantee of future results as your basically alluding to.

But it would be nice to have access to the software and a place to basically wholesale the ones you don't want for yourself.

Quote from @Garrett Brown: Hey @Josh Ball , this is basically what I do on the most successful properties I have ever had. www.cameronranchglamping.com It mainly depends on a few things.How close are you to a metro hub/ activities?

It's worth mentioning the STR regulations are relatively new, and I think some properties currently operating are basically grand-fathered with the old permit, and I don't know if being a new owner one'd be able to get a new permit if it's not in the designated location.

Anyone with the capabilities to do basic research knows and understands this.