By funding the $185,000 purchase price and the $500 renovation costs directly, we ensured a fast and smooth transaction.

The construction cost is estimated to be around $180,000.Buying a Property in the Midwest: Alternatively, I could take the $180,000 and buy a property (or properties) in the Midwest, where the rental market is more affordable.

If its vacant, i'll open it to STR with a short calendar window, which is where the King will come in handy as well - Going from queen to king bed doesn't really create that much of an increased initial cost, so I'm just looking for things to stand out.

I have noticed an interesting trend that's been more and more common since about 2018. Buildings selling for example $300,000 which need $150,000 of work but the ARV is only $420,000. Maybe people buying and not fixin...

No matter how well the home is designed and priced, vacationers will click away as soon as they feel like a host is inflating costs. 

Should I expect the painter to cover the cost or is that something I should cover? 

In need of a full rehab so not sure how much that would cost I’m thinking $70k?

The other half is: excellent finished product design and management at a reasonable cost.

In this low interest rate environment private lenders are everywhere. 

I just started to look at HELOC's, and don't think it'll be worth it to refinance because my low interest rate.