@Jordan FujanIt's more a question of timing than of cost. 

(We have fixed up 3 houses now and primaries not fix and flips and really enjoyed it) my job also works 1/2 the year so I have plenty of free time for rehabs.Option 2, just purchasing a long term rental with the cash out but this will produce a negative cash flow due to the cost to rent in the springs area and $0 down.

Partner Driven financed the Tip Top Road deal using its own capital, covering the $330,000 purchase price and $20,000 in renovation costs.

Cost ?     

Doesn't matter what it costs it is YOUR RESPONSIBILITY.

Curious about the things i cant see on airDNA, and more about how any regulations and state/county specific costs have affected yall before i dive into a purchase there?! 

Is there a rough and dirty rule for sharing wells and using a common septic for multiple dwellings to ease up on costs and make things for efficient?

According to my estimates and the fact that only minor cosmetic upgrades are required, the all in cost is 30k.

Other benefit on paying extra on one only  is that if/when interest rates drop then better to refinance one mortgage (with higher loan amount) to save cost over two refinances. 

That you wisely build in the costs for replacement linens and towels (also offer black face towels), possibly don't use high-end top-down shades in the Bunk Room (although those black out shades match all the shades in the rest of the house and it's a high-end property), chalk can be brushed, semi-gloss on walls for easier clean-up... and yes, there are clear check-out directions to run the dishwasher provided via an online guest book, a physical guest book, and an email I send regarding check-out the day before they check-out.