I would do 5% (ish) increases year over year until I got to the desired rate. 

That way you will insure you have warranty on the property, it is nice and desirable and built up to the new codes and has what the consumers like nowadays.

These scores would vary based on the type of investor (flippers, buy and hold, etc) and different weights would be give to certain variables. 

My thought was to rent it as a mid term rental on Airbnb and vrbo etc because it’s in a desirable residential neighborhood walkable to schools and shopping. 

Your answer would be it depends on a million things.Like the specific property, its condition, location to desirable areas, local STR regulations etc.We would need much more detail to be able to help.

This little guy is worth his weight in gold.

It is located in a desirable area (Pembroke Pines, Fl), that averages rents from $2990-to $3600 depending on amenities.

We only take accredited investors that have a serious desire for success.

If you have a class C/D property in a less desirable location you shouldn't ask for the same screening criteria for a class A/B property in a great location.

Maybe you can run calculations on condos versus homes in your desired areas or within commuting proximity to see the differences short and long-term.