In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I have found that the "value add" opportunities, with rent increases, renovations, zoning conversions, and other work needed, absolutely do take up more of your time compared to a more turnkey property - even with third party management overseeing the process. 

I enjoy tenants turnover ever few years for the reason fair market rents tend to increase significantly year over year. 

Do you have other ways to decrease your expenses or increase your income aside from real estate? 

@Jason SinclairWhat do other homes in the neighborhood have that you would be selling or renting competition? 

See if there is any compromise on not raising the rent at all. $300/mo. is a lot to give away.

Live under your means and start thinking about investing in Real Estate.In your position the thought of finding a duplex to house hack, live in one side and rent the other. 

Given his spending habits during his first term, it might be a wash.Costs to build new properties will probably increase.