In addition to some of the great advice above, I would put some serious work into your personal household budget and building up a substantial (6 month) emergency reserve fund.

TL;DR* Aggressively pushing 'maintenance' and for the most part for things not requiring any maintenance* In-house maintenance rates are eye-watering, way higher than what you'd see in even most expensive markets* Maintenance does not require owner's approval - RL reserves decision what to do when, cheaper plans have higher limits and all are at RL's discretion * Refuses to manage in many parts of townLonger versionSigned up for their service after a few conversations over the phone - owner stressed investor-friendly approach.

It's a job, not an investment.Real wealth is built by holding property for a long time.If you save $6,000 a month, that's over $60,000 available to invest in one year, with a little held in reserve for emergency maintenance issues.

We plan to open reservations now for next summer (2025) and want to avoid the mid-week vacancies.  

While the cash allocation is somewhat high, it serves as a reserve for our rental properties and future real estate investments, held in a high-yield savings account.

He posted a question, similar to yours, He said he had 180k in liquid cash and he was looking to buy some 8 unit property where his entire 180k in capital plus more for all the closing costs and interest reserve and transfer taxes and the whole nine it would be near 200k. 

Most of the 15-35% should be added to your reserves which is 75% of capex costs(you just fixed up so lower end), 2 tenant turns, 8 months vacanies, and 4 months lead time.

@William SilvaSaving up for down payment and 6 months’ reserves for each property I own became onerous.  

But if you are listing on Airbnb and/or VRBO, they are going to comprise 95% or more of your reservations, even if you invest heavily in your own marketing.  

Further, it's always a good idea to do due diligence into the association itself to make sure it has adequate reserves in case of any large future expenditures.