Shooting for three 8 foot logs of high quality.  

To reiterate, I don't need huge profit margins off these and I do want to offer quality rentals but they do need to make sense.  

Hotel grade furniture will often be sturdy, but less aesthetic. 

I don't know how difficult of a task this would be, but suspect it would make for better quality forum content. 

----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location 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?

Every customer is assigned to a group of team members there and I imagine each team varies slightly in quality given the human element!

One capex issue or tenant turnover is going to eat up years of "cashflow".I would advise you to work on getting a smaller number of high quality units rather than scaling to 20.

Here is a question i'm wrestling with and would appreciate any advice on: If you plan to invest in an out-of-state market, should you partner with an investing group based in that market... or would it make more sense to simply find the highest-quality mentoring program, regardless of location? 

-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location 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?

I have a second condo property where the water quality became unacceptable (PFAS) so I put a filter on the sink and make people aware the fridge water no longer works.