Remember, in this model, you are planning on holding on to these properties as rentals so pay now in quality, or pay later in headaches and repair costs.

I actually have some kitchen walls in semiG in my own home.

In 2024, I hit $200k in cash flow from my properties. 

I specialize in kitchens and bathroom remodeling, and have a custom cabinet shop.

Quote from @Kornelius Friske: We have a STR located in peoria AZ. it's 6 beds (garage conversion) and about 3900 sq ft in total. our energy bill last month was $450 and has been hovering in the $350-$450 range since we went live in august.

You can do a lot off of spreadsheets in the beginning, but eventually you need automation. 

Have you checked to see what others are doing in the immediate area on VRBO and AirBNB?

I am in St.

Was the condo a good size unit and in good condition?  

I had a PM company that I had built for 20 years with my wife who was a RE salesperson.