Cosmetic of the neighborhoodI walk around with Google Map in street view to take a look how the neighborhood feels like.

That's easier then saying the report is low due to ignoring cosmetic upgrades because that's a no win situation every time. 

Ideally starting out you should get something with light cosmetic updates so that you have less risk if you go over budget or if it does not rent out for what you expected.

Both units need cosmetic rehab only, good bones on the home.1.

I just bought a condo for cash for 205k that is in very good condition but could use a cosmetic makeover in the bathroom and kitchen.

I believe the way to excel at STR is to make your property special through decor and cosmetic upgrades.

You can assess the cosmetic repairs that need done to make the property competitive.3.

As for cosmetic (kitchens, flooring, etc) even though you may have a livable place, if these don't stay fairly current, you will feel it in rent level and tenant profile.

Bonus points for grabbing a little equity or value add by targeting items on the market for a week or two and offering a little below market or finding something that needs minor value ad cosmetic touches. 

Their Monthly rents are $800 & $750 but the Fair market rents for a Single Family Home with same beds/baths/sqft are $1,000 - $1,200 & the conditions of it is great, repairs needed would mainly be cosmetics interior and updating.