If this property were to make $225k without the additions based on its size and location, would it be worth it given the capital cost?

Can one take advantage of the tax deductions associated with rehab, appliances, furnishings, STR set up costs, etc) that were required to get the new property STR ready in Tax year 2025?

Just toss all the interior items - it is not worth the time and opportunity cost.

This way, we can reimburse them for the power we use each month.Please let me know what the best and/or easiest way to handle this would be.Thank you.https://www.amazon.com/DAE-DEM730P-Electric-Submeter-Interna...https://www.amazon.com/Pass-through-Rail-Volts-energy-meter/...

I have attached a spreadsheet I've created on the following cost of developing a duplex.

Normally, doing the work yourself seems like you are saving money, but it actually may be costing you more if you factor in time. 

But ends up costing them more.  

@Kiran NathaniInvesting in real estate can be a powerful way to earn money and gain financial freedom.

We know we still have to pay for a property manager as well as we are out of state in Michigan and other operating cost along with utilities.

So I understand correctly you want to take a piece of land and develop it with mhp infrastructure (water, power, sewer and roads) then build tiny homes to sell to tenants who will then pay you lot space rent for the home.