Sometimes the market changes or can't absorb the rents that they want, so they issue concessions to make it appear as if it's performing as intended.

Moving forward scaling with hard money loans may be the best bet and would avoid the headaches of living in a construction project. 

Quit expecting the tenant to 'perform' for you. 

You want a hustler, not a top performer, if you want check-ins.

My client bought a 22 unit building and used this strategy and walked out of closing with a check for $800k to perform the rest of the renovations, paid himself back his already expended rehab costs and his entire down payment.  

If this fails, then perform a land trust strategy.

A good manager can improve performance for a mediocre investment; a bad manager will kill a good investment.

STRs work best in tourist-heavy areas with high demand, while LTRs perform well in markets with stable economies and diverse job opportunities.

If you could furnish the rooms, I'd say that is best bet for cash flow.

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.