Does the 60% the condo-hotel takes include the HOA fees or utilities or replacement of furniture/repairs to the unit like plumbing or stuff like towels and sheets etc?

Let your STR start making money before adding cost in replacing the flooring.  

Replacement Cost policies.Basic vs.

I heard Buildium is great and I used their search engine for lead gen.

So you may need to supplement more outside money to the purchase.You can always choose to add cash so you end up owning your replacement property with no debt.

We have seen properties for as low as $100k benefit from engineered cost segregation studies. 

Over and over, you can be constantly evicting and replacing appliances and doing major repairs.

I’ve personally just closed on my 4th in 3 years and even just the two I bought last year have netted me a starting engineer salary 👀!  

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Yes, the thermostat will need to be replaced with a smart one.