It is my experience that the North Shore as a whole does command substantially higher rents than RI generally speaking.  

I've listed some of the pros and cons below.STRPros- Higher rates, higher upside if fully occupied- More flexibility to adjust rates depending on time of yearCons- More time consuming (both from filling vacancies and preparing for and onboarding new tenants)- Potentially, more volatility in cashflowMTRPros- Less volatility, steadier cashflow- Less time spent finding new tenants- Attract different types of tenants like traveling nurses, who are high qualityCons- Can't command as high of rates as STR, but still higher than LTR- Harder to take advantage of seasonal increases in rates during Seattle summersLet me know if you have any other questions! 

If you do that for long enough, you can see what kind of prices the other homes command.

Also, if you can score Pontiac with an Avondale School District that will command higher rent, and much better tenants.I would not play in Detroit unless you have $100K-$150K liquid.  

For ski resorts, ski-in/ski-out is a HUGE plus and is going to command much higher rates.

. :-)BTW: I have three 2-bdrm apartments with 1.5 baths and at the moment they command an additional $50/mth over the 2bdrm, 1-bath units in the same building.

 good schools command higher rent .

With that can actually command attention of people who are established.Get your business cards done up under that business name.

I have a military friend that got leave denied when they unexpectedly went to a new command with almost no notice (she was pregnant)....no problem here is an already approved leave request and flight itinerary for tickets I bought 3 weeks ago (both fake and she was planning on driving).

Let's further suppose that $4k could be used to upgrade the kitchen, which would let it command $75/mo in additional rent.