Medical pros, job relocators, and digital nomads are looking for comfy pads.Join online groups like Furnished Finder, Nomad List, or local Facebook groups.

Any tips or tools for evaluating the local market would be greatly appreciated.

Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes  to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim. 

In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

We bought a property that we feel is assessed by the our local government too high.

I also did a local renovation in 2022 bringing it up code.

It’s crucial to have local market knowledge or work with someone who does.

It definitely won’t hurt our local market.

You'll typically need to set up your account and get familiar with the process of working with the local housing authority.

Private equity firms seem to favor larger operations with scalable systems, while smaller mom-and-pop firms are often acquired by local players or regional operators looking to expand their footprint.If you’re looking for actionable intel, reaching out to brokers specializing in the sale of PM firms could provide useful leads.