Numbers don't lie to you, and the comps typically don't either.

I've received mixed advice on this matter.

They typically have a past due balance from a mortgage that has not been paid for several months or other issues that take money to clean up. 

Of course this may depend on the size of the bathroom because I know there are some bathrooms that as as large as a typical bedroom if not larger. 

Anything above that amount can be spent however I want, but it is typically spent on new investments or improving my existing investments.

The typical investor profile is GenX or millennial individual or couple or a 1031X investor, seeking to maximize their working capital and cash flow.

Find a property, sketch out the finances of the deal to see whether it will provide adequate returns and if not move on to the next deal.We evaluate dozens of properties every year but typically buy only 1 or 2.

I typically work the BRRRR strategy myselfGood Luck!

So a typical STR isn't really a hotel/motel/inn.

@Bryce Carroll, did you receive a 1099R from the IRA custodian?