Spa-like bathrooms, high-end bedding, statement decor, and concierge-style extras (welcome baskets, in-house spa services, etc.) help justify premium rates.4️⃣ Adventure Travelers – They want gear storage, outdoor-friendly spaces, and rugged yet stylish design.

If anyone has any connections, please let me know I could use the help!

Also, an "eyes on the block" neighbor can be helpful.

I don’t see the value with time and effort owning this place but as a new investor, I can’t help but to consider if I hold on to it- if it will then become net positive.I refi in Oct 2024.

Another possibility is looking into a home equity line of credit (HELOC) on your personal residence, which could help you tap into available equity without a large lump-sum repayment upfront.

Very insightful and helpful info.

Cincinnati, Indianapolis, and Lexington are all with in a fairly close distance which could help with scale.  

The space has this room plus one other, so pretty small, if that helps at all. 

Currently looking for my 4th deal while also working as a realtor helping others. 

I don't feel there is one answer to this question as every property is different and what are your goals, how much time do you have to manage, what are your strengths when it comes to working the trades, people skills, etc as that will help drive towards your super power.