I purchase the home at a substantial discount.

If your buying a building that’s $500k, you need to be getting at least $5k a month if not more or it’s not worth looking at in my opinion unless there is some other revenue source (ability to add bedrooms or units, air bnb) or you can increase rents substantially.

If it's anything like the Las Vegas market, a "resort casino" specifically could hamper your STR potential purchase pretty substantially.

Are you able to get substantially more rent with these upgrades? 

Interest savings are substantial in the AIO.     

The deal highlighted our ability to identify profitable opportunities and execute them efficiently, delivering a substantial return on investment.

Now you're overpaying, maybe substantially, for your GC.

Additionally, my renovations are full guts anymore, which helps limit some competition and allows me to push the ARVs relative to other houses for sale in the neighborhoods.Admittedly, this doesn't necessarily create substantially more deal flow.  

I've had some intake calls and 25% seems to be agreeable when compared to competitors.Do you have a minimum that you charge per month to cover fixed costs?

We had a 25% conversion rate which was substantial.