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

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.

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

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. 

I'm running 5 units currently through hemlane and it costs me about $45/m.

But I know that finding the balance on the pro forma between the cost of the land/construction and the density of the development (which drives rents/income/cash flow) is always the challenge.

My travel is measured by cost per mile used to travel to and from the property.

In the meantime, I am trying to better understand the Indianapolis (Fishers, Carmel) real estate market and considering getting a realtors license.In Indiana, the cost for the real estate licensing course is approximately ~$580 and an additional ~$80 annually to maintain.

This requires an unexpired passport and bank statements showing down payments and closing costs which would need to be translated and in U.S.

And if anyone knows what a full renovation on a property in Pittsburg that is around 1900 sqft would cost, if you could let me know, that would be greatly appreciated.