@Matt Powers I will second what @Jimmy Lieu said and Columbus and Cincinnati are great for rentals when considering price vs rents.

In this study, new construction is defined as a habitable structure requiring load-bearing features and MEP utilities (mechanical, electrical & plumbing)Below shows which cities have had the most activity:Question: Do you see activity increasing for the rest of Q1?

If this property is hard to rent, or is functionally obsolescent (only 1 bathroom, no yard, etc), or has deferred maintenance that will be costly, or is in a location that is not appealing to Tenants, then maybe a sale would be a good option in favor of a property that has better Tenant appeal, which will likely increase rent and avoid long vacancies in between Tenants.An option to consider....

By effectively utilizing space, we can often increase the number of units or functional areas within a property without expanding its footprint.

Property appreciation is second to none and rents always go up here.

I won't see any rents or income until after the construction phase is completed.   

New resident in September for $95 lower rent.

I purchased this before deciding to get in to real estate.I am trying to decide if I should rent the property out or sale it to buy something with long term investment in mind.

A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

I don't remember the exact cost when I did it but I remember thinking it was cheaper than expected.I didn't see a comment mentioning that you should just include utilities in the rent and increase it based off that so I'll be that guy.