The issue here is in order to increase rents at reasonable rates to cashflow well you need to not just do cosmetic changes they require you to do extensive plumbing and electrical to be able to increase the rents. 

Keep being consistent and it will come.

It’s been four straight months of price increases.

With an estimated annual revenue of $59k, it consistently ranks in the top 10% of Airbnb listings in the area, outperforming similar properties by 17%.

Quote from @Jaycee Greene: A few things I noticed, in addition to having the tenant pay the utilities are:1) Incorporate annual increases in rent higher than 2% (in your area, maybe 4%-5%) with a slightly smaller increase in operating expenses (say 2%-3%)2) With a gut rehab, I'm not sure why you need to spend $128/month on cap ex, at least for the first year or 2.3a) An 80% cash out refi is probably going to be hard to get.

A portfolio of six buildings came across my desk today that has good numbers - 15.5K gross rent for ~1.1M with lots of upside to increase rents.  

Transitioning from Individual Deals to a Scalable ModelScaling up your distressed property portfolio means more than just increasing the number of deals; it’s about creating effective, repeatable systems that minimize risks while maximizing returns.

Low vacancy, tax increase, interest rate increases and insurance increases.

Some can be passive investments, while others are full-fledged businesses.Long-Term Rentals (LTRs) are the best starting point for most investors because they offer consistent income, lower management demands, and a truly passive approach.

That trial period lets you see which method works best before scaling up.Moreover, the consistency and success of any agency largely depend on how well you follow up with your project manager and monitor the KPIs.