It is a rare off-market property that does not involve work and/or have risk items.  

The 25K would go towards a rate buy down.As far as accounting for cap ex and maintenance for newly replaced/updated items, I'd still recommend doing it.

If I were you (and you meet the items listed above), I would definitely still move forward with licensing since you already have the property.

He should be familiar with doing developments that you are looking to build and give you ballparks for each line item if not find one that is able to do that.

Based on the value of a property you can likely get away with a inexpensive desk top study such as condos and you will require a more comprehensive engineering study for larger properties like a 4plex.Desktop / modeling options are sometimes good for smaller residential like you mention. 

Additionally, each deep clean after a mid-term stay costs around $300 or more, which almost negates the financial benefit of the mid-term rental model. 

Cheers,Bill I am curious as blockchain has been talked about for a decade, can anyone share a case study / example where it has been made into an enterprise model and used successfully?

After analyzing our reviews with Chat GPT (something we should all be doing), we found this was the most commonly mentioned item in our 5-star reviews.

Same industry, different model.

Covering most of the routine maintenance items here.