It simply depends on your time frame, when you want to actually begin renting the property out short term, and what the loan terms are.

For consulting with a CPA.As mentioned above you can simply take monthly distributions, but what is most important is how you are set up. 

Without rent control i either raise their rent far above market rents so they give me notice (my preferred method) or i simply do not renew their lease.

I tell my clients all the time that the quality of your property will directly determine the quality of your tenants.This is a very important rental property investing fundamental most new investors always forget or ignore simply because they are just too desperate for  "Cash-Flow".

Simply analyze the strategy and how you could do it better or differently.

Time allows for adjustments, scaling, and reinvestment in ways that short-term projects simply can’t achieve. 

Anthony,You would be surprised by using some old school methods like simply writing a letter like you mentioned. 

My favorite way is is simply using Pricelabs using a comp set, OR using Airbnb itself to see what your direct competition is.

Is it best to simply increase rent by a fixed amount (e.g., $700) to cover this, or are there other strategies for handling utilities in this situation?

Usually when a landlord cannot find qualified tenants but are getting a fair amount of inquiries there's an underlying real estate problem and the qualified tenants simply do not want to live in that location.