Then you would need to use a clustering algo with features like average time properties on the market, prices of homes (indicating supply and demand, etc.) but even then you'd need to vindicate your inclusion of a feature and how you know a cluster class is really Class A vs.

Andrew - I think you've accounted for a majority of your costs, but just a few others to consider include: vacancy factor (typically 5%), turn/over or releasing expenses, and property management fees (7-10%)  - whether you pay someone else or do that yourself you might want to include in your calculation.

As far as investment strategy goes you'd again want to consider what kind of market you're in -- but a personal favorite to start with is definitely House Hacking as that should lower or get rid of most peoples largest expense in Housing -- leaving you with more money to save to invest!

The previous owner financials showed average nightly rate of $176.

The other item I would consider is whether you can add value (increase revenues and/or decrease expenses) during this time period that will help mitigate the rate change.

It's an expensive app.

The liquid capital I have allocated for acquisition is in the $100k-$130k range. it may not be much but I am looking for properties that need a lot of work and being that i'm in construction this part or the process should be less of an expense for me. 

Rental property losses can typically be used to offset rental income from other properties, including depreciation expenses.

Turnover costs money and could potentially be your biggest expense as a landlord.

Zillow: estimate is $1425Bigger Pockets: $1725 median, 25th percentile $1465, and 75th $1895Rentometer: Average $1988, median $1960, 25th percentile $1758, and 75th percentile is $2219There’s some nice two car garage places nearby skewing numbers I think.