Considering out-of-state areas can offer more affordable investment opportunities, but it's essential to thoroughly research and select the right market for your investment goals.When evaluating potential investment areas, consider factors such as job growth, population trends, rental demand, affordability, and landlord-tenant laws.

We also deduct 10% per month from the top of each rent payment, then around October we evaluate the property P&L.  

Here are some things to consider when deciding whether to lower the rent: Evaluate Market Demand,Assess Feedback, Be Flexible, Remember, finding the right balance between maximizing rental income and minimizing vacancy is key to successful property management.

Evaluate your savings, income, and outgoings; moreover, educate yourself about mortgage alternatives and programs that help with a down payment.

To evaluate the standing and dependability of various lenders, look for reviews on the internet.

If you're considering a 4-tenant retail development, I'll assume you've already performed a fair amount of the preliminary due diligence and evaluation such as:* identified actual demand for the product type in the market you are considering, along with supply in process within competition area to the proposed site.* understand current market rents for the type of tenant and construction you are considering, and at your specific location.* understand delivery timelines, TI schedules, and general construction process/permitting for you and the end users.* have identified the most likely tenants for the development in question, and understand the building criteria each have for spaces.If you haven't answered "Yes" to each of the above, I would recommend pausing until you have the above nailed down.

I only do 12 month leases and re-evaluate the rent price based on market conditions at that time.

You play with the idea of selling or at least exchanging, why not get a property evaluation going? 

Ensure you have a buffer for unexpected costs.Risk Assessment: Identify and evaluate potential risks such as market volatility, changes in interest rates, tenant turnover, and property damage.

I'd recommend evaluating Ohio's submarkets also.