I’m trying to increase my presence to the local renter population.

Keep reserves. 80% of buyers experience a major unexpected repair in the 1st year of ownership.4) Talking with an agent who can help increase your knowledge of the process and owning a home. 

Do you have other ways to decrease your expenses or increase your income aside from real estate? 

They say that their customers see a 30% increase in revenue but they don't make any guarantees.   

I would also recommend increasing your liability coverage to at least $2M.

Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

If so, you will need to apply for a change of number of bedrooms on the standard CHA rent increase form.

By prioritizing five-star reviews, I built a strong reputation, which led to increased bookings and higher profitability.

Investing in a new construction duplex or quad in a high-growth market is a smart approach—both for immediate cost savings and long-term cash flow.I also agree that focusing on markets with strong job growth and population increases is key.