Consider a $200 a month increase every 3 months may not be doable for most tenants.

All of this is doable, don't let the questions above stop you those are just things to consider which thousands of people have figured out and you can as well. 

@V.G JasonIt’s still doable today.

If you acquire the property in the middle of November(Assumption of November 15th), you will need to clock in about 2 hours a day.You might be able to log in a lot of the hours as you furnish and rehab the property leaving you with 30-minutes / 1 hour towards each guest check in / check out.It is do-able but obviously, sometimes, the more time the better.

There are areas in Cleveland where that's doable, but the neighborhoods are probably going to be pretty rough or need repairs.

I have invested in my market for 13 years and it is no longer doable due to the price point.  

I don’t recommend doing this right out of the gate, but it’s doable.

Plus if you are worried about the seller damaging the place, then inviting contractors in to do work is asking for trouble...redoing the roof immediately after closing is completely doable.

Totally doable if that sounds like something you're willing to do.If you were looking to go that route, I'd recommend getting a Customer Relationship Management (CRM) software to keep track of leads and follow-ups.

(It’s doable, and I can show you how it’s done.)What else is wrong with this ad, you ask?