Which one performs best?

Good Evening BP members, I am looking to take equity out of a very strong performing long term rental.

Yep, it's basically a dummy company, customer service is a black hole, and when I ask for someone to verify my claim that Stephanie told me I could get out of my contract due to lack of performance, they can't even tell me if she's still in charge. 

We’re eager to reconfigure that area into multiple units to enhance income potential.What strategies can we implement to address this situation effectively?

I don't want to sell because I buy properties that perform that I like.

We strategically improved the property with minimal investment, focusing on cleaning and minor updates to enhance its market appeal.

I would list it everywhere you can, but I would connect with a local high-performing agent, as they will be able to get the most out of it for you.

Enhancing the property can increase rental income and property value.Smaller Units: Consider investing in properties with smaller units, such as studios or one-bedroom apartments, which often have higher rental demand and lower per-unit costs.

However, not everyone has the income to qualify conventional, so the alternative route would be DSCR loan where the program doesn't look into your income, instead it evaluates based on the subject property rental performance based on the ratio system.

It is important to know:- It is a lagging indicator (Trailing 12)- T12 performance does not equal future 12, too many variables.- You should pay for the premium version so you can see the comps that went into their calculation to factor if you have a superior or inferior product.- AirDNA is more accurate in areas with more comps and less variation in amenities and unique properties.- Check results against enemy methodBest of luck!