Likely you have a few different options in front of you, each with their own benefits and drawbacks that it will be a matter of prioritizing and weighing what is most important to you.

With your current financial stretch and a baby in the mix, I’d prioritize stability + liquidity before a leveraged, thin-margin BRRRR.

However, these resources often oversimplify or completely ignore the crucial steps that you've identified:Accurately calculating After Repair Value (ARV) based on true comparables.Creating a detailed and realistic rehab estimate beyond a simple per-square-foot guess.Factoring in all the other costs like closing costs, holding costs, and profit spreads.This oversimplification leads to a "throw it at the wall and see what sticks" mentality.

One thing to be mindful is to be sure that 500 of those 750 hours are spent in a materially participating way to make sure you meet the Material Participation test, which is why it is best to consult with your CPA about your hours log before getting started, since not every hour spent on the property will necessarily count as Material Participation, so it’s best to know where to prioritize your hours and where to outsource.Bonus DepreciationBonus Depreciation from a Cost Segregation Analysis allows you to depreciate Personal Property and Land Improvements on shorter depreciation schedules, and then accelerate some of that into the first year.

As all fees and services are of late a bit more scrutinized in the Real Estate Industry, I feel it's more important than ever for the Property Management Industry to finds way to shift mentality. 

A simple, transparent budget goes a long way.Community & Recovery Resources: Partnering with local recovery programs, job placement resources, and mental health providers gives residents more tools for long-term success.Legal/Compliance: Make sure you’re up to speed on zoning, licensing (if required in your area), and any insurance needs.

Same principles can apply in Florida: define if you’re prioritizing monthly income or long-term equity growth, then shape your box around that.

Don't get anxious and try to do mental gymnastics to create a good deal in your mind.

Investor is not a mentally challenged , elderly or minor consumer, in need of a nanny or third party guardian/protector.

I'm exploring furnished rentals that would appeal to: *Airline crew near CMH*Traveling professionals or contractors working downtown or near hospitalsI'd really appreciate any local insight on:*Neighborhoods in Columbus where MTRs perform well*Areas to prioritize (or avoid) for this type of rental*What tenant types you're seeing the strongest demand from in Columbus*Platforms or tools that have worked well for you (Furnished Finder, Airbnb, etc.)Thanks in advance for any advice from those investing in or around Columbus!