If you are new to real estate investing, It isn't often stated, but the whole idea in investing is to make more than you spend.

MANY newbies make the mistake of prepping their rentals like they're going to live in them - instead of "Maintaining to the Neighborhood".One of two things will happen if you don't follow this guideline:Over-Improvement: yes, you often get a tenant faster, but there is a limit to how much you can spend on improvements and get enough higher rental income to get a return on your investment (ROI). - At a bare minimum, you want higher rents to cover your funds spent BEFORE you have to spend more money fixing those exact same things again.Under-Improvement: you risk becoming a slumlord and only attracting slumtenants:(- You don't want to do this on Class A and B properties. - You have to walk a fine line with Class C and D properties.Easiest way to monitor or learn how to Maintain to the Neighborhood your property is in - check out interior pics of the rental competition on Zillow. 

There shouldn't be a bunch of additional cost after that

Curious to hear from other Airbnb hosts here — how many hours a week do you actually spend managing your STR?

In addition to a Spring break influx and a much higher spending bracket.

@James McGovern, here ya go:Based on the available data, home staging significantly impacts the real estate market by reducing the time homes spend on the market and increasing sale prices.

There are many things we cannot control and people spend too much time trying to time or predict something whereas if you focused more on putting your plan in place and executing it you will find yourself more successful.

Hi All,Each unit of duplex with different Property managers like unit A with XYZ PM (who i recently moved a few weeks back and they are asking to be added to insurance as additional interest) and unit B with ABC PM for the last few years (but they never asked to be added as additional interest so far).

Additionally, I recommend checking all the systems, such as the HVAC, plumbing, and electrical, to ensure they are in good working order and to proactively address any potential issues.This looks like a great opportunity for your first rental property.

. $110-$120 by years end if I don't spend money on dumb stuff.