Also, staging is an expense that most landlords could not justify.

Expensive but totally worth it, did the job right the first time.

@Bubba McCantsThe average deal on sf LTR is, all-in around 130k, rent for 1,300. 

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.

What was your average before?

Meanwhile, these are averages... 

Think through your expenses and make sure you have them all covered (like WiFi, HOA fees, etc) and you should do well.

Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply ...

I know all the numbers on the stats. 43205 is on average $300 per sq ft and 43203 is about 15% less than that. renderings and floorplan are attached. with new construction you control everything. 

Hawaii will be expensive, but I should still be able to manage to save a couple of hundred dollars that month, which is a big win in my book.South America is an opportunity to save money, not lose it.