And because I plan to operate the property as a short term rental, there will be cleaning expenses, right?

The RTA ones had much less water damage, less chipped paint, easier to clean the ick off of them… overall, much, much better experience with the real ones/RTA.As a note, always store them flat on the ground until you’re putting them together (do not stand them on their side.

Long story short, my PM cleaned and had the unit ready for marketing around mid-Sept but until today the unit is still vacant.

Clean numbers, easy to digest.

It's still the wild west but I suspect we'll see some serious measures to clean it up in the next 3-5 years.

We are looking to buy for the acerage and if the house is salvagable, we would consider it but we'd have to clean everything out first since it was used as a hoarding site it seems like. 

Since you didn't specify the size of the 1 bedrooms I will use $1000 for cleaning and repainting. $1250/20 months =$62.50 per unit per month for the 1 bedroom and more for the 2 bedroom.

During the first walk through, we made mental notes that we would gut the bathrooms, clean and paint the rest of each unit and leave everything else alone.

During the 1st walk through, we made notes to gut the bathrooms, clean & paint the rest of each unit & leave all else alone.

Landlord maintenance duties not mentioned ... regular cleaning, changing lightbulbs, regular landscaping, changing filters. 4.