Personally updated and furnished all units, increasing the income on the property.What was the outcome?

There are some people coming back because there's a segment of the population who love living in the city and being walking distance to restaurants, stores etc. 

My current company is AllState, and they increased their rates by 100%, so I'm looking elsewhere.

If you won’t hire a PM I’d send something like: You’ve been a great tenant but because of market conditions the rent will be increasing to $x at the end of your current lease.

Then don't rehab for zero COC return.But if you can spend $3000 on the lite rehab and increase rent from $1000 to $1050 then you'd gain $50 per month.50 x 12 = $600 more annually because you rehabbed.600 / 3000 = .2 or a 20% cash on cash return! 

-Do the area demographics support occupancy and higher rents (population growth, low unemployment, low crime, increasing wages)?

Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.

The instructor gave a case study where we needed to team up as groups of fours and figure out a way to buy an REO property with no money of our own and increase the equity by 30K.

YoY is up marginally.Rentals - Availability by MonthThe number of homes for rent increased slightly MoM, conforming to the seasonal trend.Rentals - Median Time to RentMedian time to rent increased slightly MoM, (28 days vs 27 days in September), conforming to the seasonal trend.Rentals - Months of SupplyAbout 1.8 months of supply for our target rental property profile.

There is increasing supply as a result of increasing demand but the real question you're asking is whether it's going to lead to oversupply and lower rents or not.