Since the light fixture is expensive and the tenants have clearly already done some damage to it (by leaving it outdoors), you can definitely bill them for it.

Do a cost analysis of how many months extra you can have until you break even.

When you buy determines your short/long term capital gains.The "in-service" date = The point in time when you can start taking depreciation from.

Because that can make a difference as well.

As for STR/MTR vacancy rates, those can vary greatly depending on location.

Elizabeth,Please DM me to see how I can assist. 

This information can help justify your loan request.4.

There WILL be a lot of shady contractors coming out of the woodwork so be careful.You can message me and I’m happy to talk through it with you and offer whatever advice I have.

Some great resources would be here on BP, passive pockets, SEC edgar site (for example you can review Regulation A fund offerings as well as their financial statements to understand how to read audited financials).

@Gina Ventimiglia, since any type of property can be sold and 1031 exchanged you're going to want to market this everwhere anyway.