The worst they can say is no, but if they are interested in assisting and being a high-quality company, they will step up and help due to an error. 

The big unlock is less about the city name and more about submarket quality, realistic underwriting, and having dependable boots on the ground.

Do your research on all these methods. choose one then start analyzing deals from there.

Our plan is to complete the renovation, stabilize the property with a quality tenant, and refinance in approximately 18 months.I work in the industry, have strong contractor and professional relationships, and plan to self-manage the property, which helps keep operating costs down.That said, I’d love input from those who have been through similar projects.Is there anything I may be overlooking or should be especially cautious about, given the property’s red-tag history and partial renovations?

It makes it hard to feel like you’re getting an impartial look at the asset.My client is looking to start a boutique operation in January that’s built on transparency and "real-world" quality rather than just high-volume churn.The goal is to do things a bit differently:Total Transparency: You’re free to use your own team.

Quality over quantity.

And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.

https://www.biggerpockets.com/forums/12/topics/1122318-quality-turnkey-companies?

This can be adjusted by your cost seg provider via numerous methods.

Quote from @Susan Thelen: Lansing, MichiganI’ve seen Lansing work well for mid-term rentals, but it’s very submarket-specific.What tends to work:Medical-driven demand (Sparrow, McLaren, traveling nurses)MSU-adjacent areas for visiting faculty, grad students, and short-term academic staysGovernment / insurance displacement demand (especially winter)What I’d watch closely:Neighborhood quality matters more for mid-term than short-termFurnishing + utilities can eat margins if pricing isn’t tightSome areas cash flow better as long-term rentals vs mid-termIn my experience, the best-performing setups are 2–3 bed SFHs or small multifamily near hospitals or MSU, priced to stay occupied rather than chasing peak monthly rates.Happy to share what I’ve seen work (and not work) if helpful.