For me it's all about having a great cleaning person/crew.Homeaway and Airbnb make it easy to keep an up to date calendar, accept payments, refund security deposits.Then nice to have are automated locks (I still use a lockbox), security cameras, wifi thermostats.You need great pictures and descriptions, you need to be responsive to inquiries and issues.You need a great location so that you have demand at your property.I think this is the Cliff Notes version.Take up Lucas Carl on the phone call.

I'd much rather go with a lender that people I know are using regularly to do deals.Best wishes getting started!

In we do that.I think either of your options are nice, but I like not worrying about a tenant cleaning grout and the potential for leaks.Our bathroom walls are half tiled, nice vanity with as spacious a granite countertop as possible.

My recommendation, for what that's worth, is to set aside 25- 30% of the rent for CAPX, vacancy (holding cost while no one is there and cleaning), and maintenance which will be higher when you have a vacancy as you always find stuff. 

I wanted to have it cleaned and now I have to replace. 

Well as it turns out the tenant isn't staying... so while I am bummed at needing to fill two units right off the bat - I am glad to have a clean slate and to be able to dictate my own terms

In Central FL, East Coast, Larger projects can be done for as low as 1.25 per sq ft install on vinyl plank or laminate (floating floor)... 1.50 is the regular rate. 

If there was a Foreclosure Auction checklist that one must do for a successful clean transaction, how would it look like?

Tenants keep unit clean $35K MLS-2180280532730 Berrell - 3BR 2 story -  Long term tenants, $645/month, pay well each month, unit will need rehab (windows, floors, paint, probably kit/bath if desired) $32K MLS- 2180280611776 Republic Ave. - 2 BR flat with full basement, somewhat finished Vacant, needs rehab: Kitchen cabinets and counter are in good condition, unit needs flooring, paint, tub kid, 2nd bath in basement, upgraded elec. panel- $15K MLS - 218028374

Weekly stays beyond 28 days and you now have yourself a regular tenant.Same applies if you initially agree to anything more than 28 days, like accepting payment for and agreeing to let them stay a month.