You should be able to take care of $10K in student loan debt by budgeting, working overtime/an extra job in less than 24 months.  

Not sure what you mean here, I work with my management company to build the budgets and we do our best to capture any known future expenses.What was the average cap rate for a similar building.Average cap for similar product ranged between 6.0 to 7.0ThanksPaul 

If so that depends on your budget and clientele..Those are pretty far gone, some stains will likely remain after sanding.

Purchase price: $200,000 Sale price: $375,000 3 bed 2 bath, 1,479 sqft single family home. previous owner neglected rental. complete gut and reno. 70 % of the work was completed by my wife and I. seller financed at 3.5% 6 month term with $100,000 private lender that covered a $50,000 down and $50,000 repair budget at 5% interest and a 6 month term.

+$100   General Repairs Budget Line Item +/- 5%?  

- Staging and Design - Stocking a new listing- Staging for photo shoots- Budgeting for setting up a listing- How to find rental arbitrage properties- House manual compilation- Saved replies for guest scenarios- Scheduled messages for guest stays- Turnover, Deep Clean, and Maintenance checklists- Incident reports automation for guest damagesI'd also love tips on how to market these services if I do decide to go down that path. 

Just having enough money in the budget incase something happens.

@Jeff Costa yes I had budgeted out the renovation in an inspection prior to purchasing.

Instead of telling her that you would like her to pay rent, I'd say let's come up with a household budget that we both contribute to.  

Not enough information on whether your capex and repair budgets make sense.