Typically on market (retail) SFH rent is at ~0.5% rent to purchase price ratio. 

I am not sure about STR in Cleveland and how much that market supports high end STRs and highly designed STRsThat said, I disagree with just looking at others.

Not the best time of year and we're in an emerging market area about an hour outside of Charlotte, NC.30Y DSCR c/o Refi's have already been done on every eligible property after rehab / 3 months seasoning.As more of our properties come up on 1+ yr of ownership, despite losing likely future appreciation of 25-30%+ annually and paying a 5% PPP, I are open to selling some houses off to start paying off much of the high interest debt accumulated outside of mortgages. 

In 2024, I focused on the Charlotte, NC market, completing 21 deals in my first year of taking consistent action.

Therefore, working with a single real estate agent doesn't make much sense as it will limit you to his/her very limited inventory and he/she might have as main objective to sell a property to you take advantage of your lack of knowledge of the market.

we can do it not rented but rate will be significantly higher. easier and more cost effective to rent it. unless the bridge money needs to be paid back asap or you need the funds back to buy more, then a cost analysis needs to be done. personally id get it rented at market rent or a touch below if time is a factor. 

@Diana Mulvihill A lot will depend on your local market and competition.

Purchase price: $150,000 Cash invested: $15,000 Sale price: $301,000 Found this deal off market and flipped it quickly for a profit.

If rates drop, more buyers will come to the market and you can refinance to lower your monthly payment.

Demand in the market was very high after COVID.