Realtors I hire in Charleston make bigger fees than the realtors in the low value markets..

.- Alternatively, complete the repairs and sell at top market value, maximizing your return despite the short-term headaches.However, if the ARV is too low and won’t justify the $50K+ in repairs plus remote-management stress, You might be better offer selling now, even at a loss.

Cash flow is what keeps the lights on, the business running, and your stress level low.   

@Bonnie Low  How does baselane handle credit card transactions?

That means low rents, constant repairs, and endless deferred maintenance.New construction STRs/MTRs appraise higher per sq ft, rent for more, and avoid tenant headaches.Columbus is undervalued, making it a goldmine for build-to-rent and spec home investors.Old homes = low returns.

Check out some AirBnb monthly comps in your neighborhood to see if it is worth the upfront furnishing costs, monthly utilities and other expenses like professional cleaning and landscaping. 

The initial area I will focus on is in NE FL and has the following: - Population: 81K - Median HH Income: $109K - Median Age: 45 - # of HH's: 32,958 I'd like to keep my area smaller in the beginning so I can better controll marketing expenses, while avoiding spreading them too thin. 

It's better said that you realize higher initial cash flows investing in low cost markets, but your overall returns are not higher.

There thinking goes something like this - I can buy this great property for $5 million cash flowing $600k per year (they neglect expenses).  

The current way is hire cheap foreig VAs to manually do it which involves finding, hiring, training, monitoring, managing, paying, keeping teams of people which is time consuming, expensive compared to automation and to some extent stressful.