You have to know the market before you build a plan and I don't think this market supports your intended plan.

In a highly competitive tourist market like New Orleans, I update my photos weekly. 

The conversation covers issues like the impact on property values, tenant rights, and the broader effects on the real estate market. 

on the one hand, if you're happy with it, and you believe in this market, and this is what you wanted, great. the fact that you're asking the question shows that you're being thoughtful about it.with that said, it sounds like you're into the deal for almost $90K out of pocket, and so if you asked me if i would put $90K of my hard earned cash into a property to get $175 month, the answer is no. 

I have been very successful in helping clients acquire Airbnb homes and creating themes and uniqueness for their homes to be more appealing and marketable.

Prior to viewing with clients, I am usually have an idea of the general area, vacany rates, market rents, and property types that suitable for LTR.

It has been on the rental market for about 55 days and the average in the area is supposedly 36.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Good potential for appreciation/rent growth upside as well in the next 5-10 years in my opinion with the market still being one of the most affordable in the country.

Personally, I invest in properties in C-Class neighborhoods in my market (East Linden and Southern Hilltop), and they’ve been cash-flowing well so far.