I worked exclusively in STVR property management on the island and currently work in long-term property management servicing the West Metro (Minneapolis).

@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.

One challenge to manage is being able to clarify for lenders on those rentals (if you have them) which amount of the premium should be paid for each rental so that they do not include the entire premium into their escrow analysis, inflating your monthly payment on that rental. 

This puts the home underwater.I've calculated the following two options: To sell the house, it would cost me about $60,000out of pocket.

In my mind, revenue management is the most difficult concept to master.

I am currently living out of state so I have hired a property management company to handle this task, however, my home is still sitting vacant with very few prospective tenants.

Self managing should be easy, if not then that Realtor can probably help you with the rental side of it. 

Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).

Sounds like you’ve got a solid foundation with your GC and project management experience.

You could trim your expenses by eliminating property management - you can absolutely do this yourself on a 6-unit, even as a newbie.