They also benefit from strong schools, which can be a huge draw for long-term tenants.While you may not achieve high cash flow immediately in these areas, the property values and rents tend to appreciate steadily over time, aligning well with your goals.

If the rent increase was below 8.6% and there was only one rent increase, another rent increase can be done to achieve the total of 8.6% (8.6% maximum increase for the year in no more than 2 separate rent increases). 

This can be the difference between setting goals and achieving them.

@Veronique Leroy No, I don't have any...but I'm having a hard time visualizing the type of property that will achieve those returns.

Hi Scott,You can achieve sustainable growth by investing in high quality, well-managed properties that will generate consistent returns over time.

Your wish list is more like a $350k property in Lakewood, Cleveland Heights, University Heights,Shaker Heights, et al.It's time to re-evaluate what is most important, and then work backwards to figure out the locations where you can achieve the desired result. 

 Do you believe you can achieve a better result for your family member trying to sign an assignment contract over retaining the best real estate broker in the market with a robust marketing package while leveraging the sales professional's relationships?

We've rented out some of our best investment properties (New Construction/Turnkey) to Sec 8 residents, and the rent guarantee always helps in achieving consistent cash flow each month.

The only other option that comes to mind is to make the improvements and try to achieve favorable rental rates to push the story that 2 BR homes rent for a premium because its unique.

ARV Potential: Where can we expect to achieve higher ARVs?