So yet, there are a lot of fresh units just hitting the market this year and new ones that will hit soon adding to the competition. 

It would also have to be put up and taken down between each tenant and I don't know how responsive your PM will be to this extra work. 

With the extra cash flow, you could strive to acquire additional income-producing properties over time.

(Previous rent was $1,300 but we're about to put in a brand new kitchen from the studs, new flooring throughout the house, new furance, adding A/C, etc).So do we just pay for it all upfront and mostly drain all of our savings, or do I let the rent pay for it and utilize our other savings to get a second property this spring/summer to increase our cashflow? 

If you had a couple million in equities and a need to diversify your holdings by adding real estate, maybe.

Interestingly, I saw a paid ad for their inner circle training program on my FB feed just yesterday.

There is Intel headquarters, Amazon, FB, Honda, Amazon, Nationwide, and recently Anduril is adding another 4k jobs to Columbus!

If you are calling the licensed person off the radio AD a lot of money.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

You said, "I'll have to put in extra of my own money for reserves..."