If it’s a 2 bedroom on paper and a 5 bedroom in reality, then this is a significant problem and is probable a big reason why you say it’s been sitting on the market.

The more effort you put in to make your home stand out in a (maybe) already congested market, the higher the chances are that someone books your furnished rentals over others.

.; and capital to pay for options, marketing, legal counsel, accounting, tax advise, etc.  

If you’re in a market where you have to spend money on roofs, or exterior paint that’s ctainly you can save up for.

With average rents in Charlotte hovering around $1,800 to $2,000, that means an average agent fee of just $190—if the management company even pays the showing fee.I understand that this may vary by market, but in mine, I don’t see agents being incentivized to work with renters.

The garage and the fact that a long term tenant was in place paying market rent.

What does it look like cash on cash return for market rent? 

RE isn't the stock market. 

Cincy and Dayton are great markets.