Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.

Waterfront homes, particularly those with Gulf access, can command higher prices and potentially higher returns on investment.3) Tourism and Vacation Rentals: Cape Coral's proximity to popular tourist destinations like Fort Myers Beach and Sanibel Island makes it attractive for vacation rentals, especially during peak tourist seasons.4) Affordability: Compared to other coastal areas in Florida, Cape Coral offers relatively affordable real estate options.

Premier neighborhoods will attract professional types and command higher rents and even the less desirable neighborhoods fetch good rental income, but with it comes very hands on management. 

Seems like the risk on new construction and raw land is higher and therefore should command higher return for investors. 

Doesn't sound like you remodeled the property to command a high ARV or the ARV's are just that low. 

Despite this, I have tried to be patient and haven't initiated any eviction proceedings, even though Hawaii Tenant Law allows me to issue a "notice to pay rent" after just 5 days of delinquency.I've heard that if you're having issues with a military tenant, you can contact their commanding officer to help resolve the problem.

Rental properties in areas with strong school districts typically experience higher demand and can command premium rental rates.

I am not sure what the demand looks like specifically, I would look at the rental market for that data and see if you can command the rents you need to make the deal work. 

Not sure what the laws are in ME, but in Georgia a first position foreclosure will wipe out the 2nd position lien making them riskier which commands a higher interest rate percentage.

Any issues you call their commanding officer.If your looking for the same 3/2 perfect home or 4 unit MFH everyone else is looking for they have you beat as a new investor.