It's very challenging because any improvements to bring in higher quality tenants will not give you the ARV.

Quality deals, or available capital?

I don't have this issue but am curious to better understand.Because after 2 years of incorrect or missing depreciation, correcting it becomes "a change of accounting method" and requires a different procedure to fix: Form 3115.

Start by building relationships with experienced local investors, agents, and operators rather than responding to random online posts, and you’ll find much safer and higher-quality opportunities.

Where I see friction is mostly on units that are chasing yesterday’s rent numbers or underestimating condition and management quality.

In this case, quality is often sacrificed.

You don’t need more methods, you need one lane that aligns with your household’s risk tolerance and long-term goals.You’re asking the right questions.

Save money, invest in quality assets, and wait. 

I operate and self-manage multiple STR's.The second part is you need to check up on the quality of the work. 

.• Out-of-state can work well if you have strong local property management and realistic numbers.. some of my clients use a 'hybrid' method with software/VA platform and we help them with the vendor network.