Get rid of water filters and sink disposals and ice makers when you can.

This could sink you financially.

Paint Interior exterior complete $3,800.00Cabinet re finishing $900.00Countertop Slabs allowance Baths and kitchen allowance $3500.00Appliances $2400.00Flooring Blend of laminate carpet and tile $6250.00Complete New Kitchen sink $800.00Deep cleaning $600.00HVAC service and assesment $300.00Light fixtures $400.00Plugs switches trims $170.00Door, Stops, Locks and Handles $300.00Minor Repairs Drywall, Cabinets, Closets, Windows Etc… $1800.00Minor plumbing repairs $700.00 COULD BE 3XTub and shower RE glazing $900.00Landscape Needs $2400.00 Minor COULD BE 3X$25,220.00From here its a safe bet to allow 12% for unforeseens and 17 total days of time to complete given you have a professional experienced crew well versed in investment rehabs.So the property that is "TURNKEY" Needs none of this?

We recommend it be evaluated by a qualified electrical contractor or engineer at this time.KITCHEN / LAUNDRYThere is a stain from biological or fungal growth on the inside bottom of the kitchen sink cabinet.The kitchen GFCI outlets did not trip when tested with our tester(button on the outlet did work), and also tested as being ungrounded.There is no anti-tip bracket installed on the back of the stove to prevent tipping when the oven door is open. 

Dishes will be in the sink for a while and you will need to remind roommates about it.

@Alicia Marks There are many options, depends on your avaialble time, current knowledge and how aggressive you are. 1) SLOW & STEADY: Save until you have 20% down payment to get conforming investment propertymortgage. 2) SPHERE OF INFLUENCE: Tell everyone you know what you want to do, REPEATEDLY, so it sinks in, and partner or borrow from them.3) RENTAL ARBITRAGE: Find LTR rentals and approach owners about renting them LTR, then you subleasing STR.

Further to @Shawn Clark's point, if you don't have easy access, one way to tell if a property has been winterized is to look at the MLS listing photos.If there are small signs or tags that are taped on sinks, toilets, dishwashers, etc, those normally are signs stating the the water is off and that the property has been winterized.Around here, they're usually neon green or orange stickers with a few that are just white slips of paper. 

I am new to this landlord thing I am on my fourth property and its all sink or swim now.My second property which is a newly acquired vacant, is a duplex small 2bdrm apartments 500sqft each yes really smallI want to make up for the crampness and make it cozy I was thinking because I can tile pretty well to tile the whole floor a lot of work up front but less effort on the back end.tile replacement is rather easy as long as i keep a few extra boxes in the attic.or crawl space. as a compromise I can carpet the bedrooms and just tile everywhere elsethe bathroom and kitchen already are tiled. cost wise I dont think I am too much beyond good laminate or vinyl flooring or my cheapest hardwood. tile is only my choice because I think I will get a really nice look. which may attract a better quality tenant.

If you slow down too much you may sink... ha ha ha.. wait, are we talking about swimming or investing...anyways, keep that thought.

One of my clients installed stainless restaurant kitchen style tables as counters in the kitchen along with a restaurant style sink.