Reason for asking is that I am trying to understand what a reasonable target rent per unit is for specific geographical areas. 

I am geographically close to this property, so I am pondering not using property management to get another 175/month out of it.   

By your description of the situation, I thought that might be in. 

NW Philadelphia neighborhoods are some of the most challenging neighborhoods to vet because they are geographically very large.

When working with private lenders, the costs for preparing loan documents can vary based on a few factors, including the complexity of the loan, the attorney’s experience, and the geographic location.

2) How are your listing photos and marketing description?

We have done this for over a year now and this strategy has gone really well.We are very experienced in the STR space and understand that getting bookings is multi-faceted (ie. listing photos, reviews, amenities, PRICING, description, seasonality, etc).

Premier host, 5 star reviews, updated professional photos, updates to description, etc.  

of course this is a correct description but lets talk a bout reality.very few loans for most investors will be non recourse unless they are very large loans but the average under 1mil loan 97% of the time will be full recourse unless the lender is not ready for prime time.

@Dennis CosgraveI've never heard a better description of Illinois than that.