85LTV ask on a LTR rental is a tough ask, when adding an STR factor, nearly every lender will reduce max leverage by 5%. 

In reality, the insurance payout reduces the adjusted basis.

The implication is to lower rents requires reducing the cost of ownership.  

For instance, in cities with lots of medical clinics, salons, or hotels, AI automation could help businesses optimize daily operations, reduce costs, and provide better service.

Additionally, many states offer property tax exemptions, significantly reducing expenses.

Have you considered creative financing options like joint ventures or seller financing to reduce reliance on outside capital?

Found T&H realty services to be pretty interesting as they provide both buyer brokerage service (to help me find deals) as well as do property management i.e. they are not full turnkey provider necessarily, but reduces some of the hassle for me I guess as an out of state investor. 

The owners refused my advice to reduce price and they both sat vacant for months.

I like this idea because it reduces the potential vacancy I could have by doing a short 3- to 4-month lease that ends in April or May, then starting over with a year lease.

Are you able to reduce your expenses quickly and easily if needed?