Rents seem high and in demand as well.

Now it is a pretty landlord friendly state.Ohio - property taxes are high relative to many other states but in many cities the rental rates are high (better cash flow) as a compared to the house price and therefore a relatively low price-to-rent ratio.  

@Paul Cijunelis  thank you for this response Paul, well I firstly got interested in CRE when one of my high school teachers told me about how he does it and that kind of started my interest, I really love CRE because I've noticed it's a very lucrative and risky business like high risk high reward, but not just that I really love seeing a bunch of properties being brought back to life with renovations.

By offering real value in a way that has high demand, I’ve been able to build strong relationships with people who are actively doing deals.

You will not need to join CAR/NAR and I offer super high fee splits.  

Too bad you need to eat the high conversion rate now.

•If there’s high competition (many active rentals in the area), you won’t be able to price at the top of the market since tenants will have plenty of options.3.

If so you could run the numbers on taking a loan on the zero-debt property to pay off the other.I'm still unclear on the goals - you've brought a lot of other things into the equation (e.g. paying of high interest debt, STR as personal vacation home, stocks/dividends, etc.). 

@Daniel Green some good suggestions and really high performers on this thread, you are in good hands. 

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).