If the current rents are below market, maybe it’s time for some modest increases, from what I’ve heard many landlords do this gradually.

You could have given notice on 12/7 that her rent was increasing on 02/01.

EXAMPLE: a local HC has a single comcast email address for their entire office - mysteriously, they seem to be always losing emails and asking us to resend multiple times.The good news is they finally increased their max rental amounts a few years ago, so they are now more competitive. 

You increase rents every year rents aren’t dropping.

Doing something faster doesn't mean increasing SPEED!

https://www.har.com/content/department/mlsHouston Real Estate Highlights in November, 2024:-Single-family home sales increased 6.0 percent year-over-year;-Days on Market (DOM) for single-family homes went from 48 to 52 days;-Total property sales were up 3.3 percent with 7,750 units sold;-Total dollar volume rose 11.1 percent to $3.1 billion;-The single-family median price was up 1.5 percent to $329,900;-The single-family average price climbed 4.1 percent to $418,903; -Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last November.

If renting how much will it increase the rent and how long would it take you to make the investment back via the increased rent. 

We had nine months straight of increasing inventory.

Just a few other tips - you can increase your weekly and monthly discounts. 

My basic assumption is I would be trading a certain level of cash flow for increased appreciation over a period of 10 years.