The best way to do this is to renovate a unit or two to the specifications to bring it up to market.  

Offering a streamlined process, no repairs or renovations prior to selling, no market costs or agents fees for my family member, in return I will gain invaluable experience in the market and in the field along with providing my family with wholesale services.

The property itself is a good deal, there's a lot wear and tear in apartment so will definitely need some serious renovation work, but mostly cosmetic.

If you've done a complete renovation—say, updating a 60-year-old building to 2025 standards—their quote could be outstanding.

I lived in and renovated or renovated and rented.

First thing I notice is the big jump in ARV from the Total Project Costs.

There are short-term rental management companies that can help with that.One that I work with in Michigan covers the entire state and can advise on local short-term rental regulations or regulations that may be on the way, they can give you an analysis of the demand for short-term rentals in that area, nightly rates in that area, monthly occupancy percentage, and projected monthly income.They also let you choose the level of service you would like from them from full service to minimal.To your success!

There will be renovation of the home that is $82,500 worth of renovation. 

There are no pictures of the inside, yet, but no major interior renovations were mentioned

The art is in accurately projecting numbers, which is notoriously difficult.Forget complex investing strategies as someone new to RE.