Happy to walk you through those markets and share a detailed neighborhood breakdown map for each main city in Ohio along with where rent/price values are at.

Many people are suggesting to do a 1031 but have no idea what your gain / tax is(if any).Co-ops in the tri-state area 'normally' don't appreciate a crazy amount.The main reasons is the high monthly maintenance costs, over-leverage of the board, potential difficulty of buyers getting a mortgage and the approval process of the buyer.With that said, talk to your CPA to discuss what your gain / tax would be before thinking about a 1031 exchange.If your tax burden is low, don't bother with the 1031It may be possible that you have suspended passive losses to cover your tax burden.best of luck.

Either way your main goal is to get that gas back on before winter. 

Is this  your main work? 

I like how you point out the "technical" elements at play by mentioning the demand for MBS versus treasuries. 

Like the others have already said, the HOA is the main problem.

I am ready to secure another property for STR that we will do all the work ourselves being that it is 6 houses away from our main house. 

When someone pays me for an LLC, they are mainly paying for creating the operating agreement that governs the operations of the LLC.

Then I would say that the main challenge for you will be finding trustworthy, experienced operators who are going to give you repeat business and who have a track record of successful project executions. 

The rehab would be mainly cosmetic, floors, kitchen, bathrooms, paint.