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. 

Follow up re-engagement and appointment setting.

Canton is not quite as bad, although they have increased annual fees and initial inspection requirements in the past few years that Akron never put in place. 

This eliminates the problem of increasing your debt and damaging your credit score.

We decided to do a full rehab to get nearly double the rent ($2900)and increase the ARV to $260k.  

The BEST method for real estate investing is very simple: increase earnings, reduce expenditures, save, and invest from your own funds.You should focus on increasing earnings and learning how to manage your budget.

I've been gradually increasing rent.

As prices increase, fewer people can afford to buy homes, forcing them to rent.

However, on the renting side, we have seen an increase in inventory of days on market too. 

DM us if you'd like more info on the Detroit market - which increased another 20% in 2024!