So, scope out the competition on #1 & #2 above to understand what the rental or sale market expects.- You will lose money if you go overboard!

However, be prepared for limited inventory, higher competition, and possible compromises.

I had 3.5% rate, did a lot remodeling and heavy lifting, and decided to sell due to the 2/5 capital gains exclusion.

It's usually better to earn $200 less a month for one year than to sit vacant for two months, particularly in the winter.Consider a bigger drop for a 6-month lease to get through winter, then increase rent or find a new renter in the spring when competition is hotter.

I always check active rentals to see what the competition is currently looking like for if a rental were to go live that month too.

However, it’s important to price competitively and be prepared for buyers to request concessions.

A landlord who isn't trying to get the top dollar amount for their unit to begin with has competitive advantages when things go awry.

Attractive digital marketing fliers, 3d tours, professional tours, rent specials, and competitive pricing all help too!

Jordan, Across MN in the heavy tourism areas, STR PM's are very common.

or perhaps a reverse build to suit where the data center operator controls the buildout and the planning etc.I've not been involved in a data center first hand but the central OH market is pretty data and warehouse heavy as far as developments go and to echo the posts here, the power requirements are wild, and the red tape to get that power to the site is often cumbersome.