On the other hand, investing in some repairs (if financially feasible) might significantly increase the property's market value.Remember, each property is unique, and what works for one might not work for another.

You don't have to catch her with a doobie in hand.

I actually recently met a real estate agent who I've become friends with and will be helping him with some of his properties to get some first hand experience. 

So far the condo investment has been pretty hands off as the HOA handles most things

I would also invest in a handful of Syndications that are steady and boring as opposed to the flashy ones.

I would imagine if the home is being prepped before hand to remove all hazards, post burn there should be minimal debris.

i.e. longer than normal vacancy, bad tenant screening, poor maintenance, skipped rent payments, etc.There could be a handful of reasons why it lost it's ability to cash flow.

For STR's, is it necessary to get brand name hand soap, shampoos, and toilet paper? 

The shelters and foster networks are incredibly overrun, and I want to be responsible and not hand them off to random or possibly cruel strangers.

This way, you can ensure the design choices match your vision.Defining design choices often involves working with a designer or architect, but if you're hands-on, you can select finishes and fixtures yourself.