Why do you have 24k in cleaning fees as expenses for an STR?

But using that mindset, so is landscaping, plumbing, or clean out during turnover.

Usually retail on the ground floor and residential up top.

Don’t know much about Memphis as a city itself though, I just know crime was a problem back in the day, is that still the case or is the city getting cleaned up and growing?

Gutted main floor and new construction second floor for added sqft. 

Newer appliances, free nice laundry, 2nd floor, yard space, storage, clean bathroom, included heat, installed window A/C.Appraisal suggested the unit was worth 2,300 a month, which I felt was a bit high, so I listed it for $2,150 with no move in fee and a 2k deposit.

Here are some top-rated floor plan apps that meet your criteria and might work better for your needs:1.

@Michael Palmer As a general rule of thumb bank originated construction debt will be WSJ Prime +1 point with a floor, 1 point origination and 75-80% LTC while meeting certain LTV thresholds (normally 70-75%).

Tons of deferred maintenance and a lot of work to do to clean up this mess. 

I mean I think about it a lot now that we are closing in on 70.. but hey 70 is the new 50 :) And different cultures handle this far differently than others.. this is why you see some new builds catering to multi generational floor plans..