If the location is an A but the tenant paying higher rent was a B or a C then replacing the location with an A tenant at slightly less rent in some cases you can actually increase the value.Example if you had an (A) location QSR but tenant was Burger King franchisee and they went out the Burger King might sell at 7 cap.

For MTR, the best way to increase nightly revenue is to charge for pets!

Renewals and rent increases- Research market rates; 3% is fair, but adjust if you’re far below market.

I figure as the area is growing and there are more people moving to the area it will increase the values.

If selling puts you in a better position to move forward confidently, it might be the right call.

But like most markets, it's getting increasingly difficult.Plucking something from the MLS is tough because there's not a ton of inventory.

You can overcome this by putting more down, which reduces you ROE and COC return, but if the appreciation is good enough you can make up for this with overall returns over time as rents increase and the property appreciates.

There might be Some exceptions such as you did a bunch of repairs/improvements which increased the value of your home .

It just perpetuates the cycle of insurance and cost of living increases here in Florida.

I would love to keep it as a rental but at this time I think it would take too long for the rent values to increase enough to make sense Worst case scenario is I have to hold the home for an extended period if the market decreases short term.