If similar homes are sitting for 30-70 days, it’s probably a pricing issue.

Your ARV should be about the top 20% tranche of sales because you probably won't be remodeling to the same level as a flip since you will be renting it. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If you have commercial loans you can have an attorney write up and file a quitclaim deed (probably cost you $1k) to move it over to an LLC.

You can probably meet him in person if you attend the next HH.

If you've had to serve a 3-day notice consistently, it's probably time to escalate things.

@Joshua Telles, you will probably see LOTS of inconsistent communication with prospective tenants.

I should probably focus less on the highs and lows and aim for that average ARV per location and what buyers/renters are looking for. 

If that is way more than neighboring STRs are charging, then there are probably a lot of owners cleaning them themselves. 

This would be the safest money but probably the costliest.Don't build a house of cards, Tyler.