Our primary focus right now is paying down debt, both personal and business.  

But I have no problem in telling someone to focus in another market depending on their investment model & goals they're trying to achieve.

What to focus on renovation wise when moving in, and 3. any other general advice on how to do this successfully.

Being that I live in CT, but am just a few minutes from the Mass border, do you think I should be focusing on one state over the other? 

@Ilan Friedman I would focus on finding a good team here in the area.

On the other hand, if I am already focusing on this property in regards to managing its renovation, why not just tack self-placement on the tail-end? 

We know it is important to focus on one or two things rather than trying to do everything so we would be interested to know other members experiences with our initial plan. 

@Megan Silver I do want to add that the reason I focus on mid-range properties isn't (just) because of your budget constraints - but because those properties will (generally) be more stable in terms of rate and occupancy; even during an economic downturn, guests who might usually go for a luxury property will scale down to mid-range, and you avoid the headaches of budget renters.I'm glad we were able to help you clarify your thoughts on this!  

Obviously i’m more focused on south bay.Also parts of east torrance have slightly decent deals and being in Torrance always gives you a better exit strategy then Gardena.

I’m trying to focus on the long-term rentals due to the saturation of vacation rentals in Marathon, Where I live.