Not having them can create issues when selling later.Over-improving for the Neighborhood – Be mindful of your area’s home values so you don’t invest more than you can recoup.Ignoring Structural & Mechanical Issues – While cosmetic updates are fun, addressing foundation, plumbing, electrical, and HVAC systems first will save headaches down the road.For the best return on investment, focus on:Kitchen & Bathrooms – These are the biggest value-adds for a home.

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

Yeah man hit me up when you get to town.

I recently relocated to Arizona, drawn by its rapid industrial growth, particularly in high-potential sectors such as semiconductors and electric vehicles.What I Bring to the Table:I have hands-on experience as a real estate agent during my college years and am currently exploring opportunities to transfer my license to Arizona.

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

Now you are saying you have no experience owning/operating an STR, that's another hit.  

An example is on one permit I had plans for electrical, plans for gas, plans for AC condenser.

Look for properties with updated roofs, electrical, and plumbing.

So you get way better bang for your buck and there is still positive cash flow and deals that hit the 1% rule. 

I think @Patrick Roberts hit the nail on its head.