But I cannot wrap my mind about this.

-NationsIt makes little to no economic sense to do a renovation in this neighborhood.

I would like to install all wood cabinets as this house will hopefully sell in the low $200K's after renovation. 

Purchase price: $375,000 Cash invested: $87,000 Short-term rental in Hocking-hills, Ohio What made you interested in investing in this type of deal?

It sounds like you are VERY new to all of this.

For the STRs, there’s probably local podcasts or resources you could tune into.

Quote from @Albert Johnson: I recommend you slow down and think this through.What is your goal?

I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.

I just got into selling investment real estate and am always looking for new connections.

Their website claims dividends for this fund should be roughly 1.3 - 1.4% for the year so this is on pace to double that.