I noted the year-over-year increase in STR permits, the decrease in average nightly revenue, and the sentiment that economically-incentivized sellers would flood the market after this winter season (effectively increasing housing supply and decreasing prices).

Flexibility for New and Experienced Real Estate InvestorsWhether you’re new to real estate investing or a seasoned pro, DSCR loans offer flexibility that can benefit both types of investors.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Hard to tell from here, but your prices seem very high, although I do understand that "emergency" service during the high heat season will cost dearly...As LL, appliances, including HVAC that you have provided in working order, you need to repair or replace as needed unless local law AND your Rental Agreement state otherwise, obvious misuse/abuse excepted.

We are in the season where we are getting some deer hunters coming up which is good because the big employers in this town have been cutting back so there aren't as many temp workers up here, which affects our occupancy levels.

That's why we are here on BP, to gain insight and recommendations from seasoned investors.

Also in terms of collecting rent, would I need a lease agreement, and account for this during tax season.

Depending on your budget I would check out a multifamily near Clarksville (army base) or an Airbnb in Gatlinburg (year round season and 10% cap rates) 

For seasoned investors in Cincinnati, what does this realistically allow me to consider, if thinking about the BRRRR method or other strategies?

Does anyone has a seasoned property manager they would recommend as I enter and hopefully grow on that area?