After all if someone is looking for an STR business and has cash, they will save a lot by buying an existing vacation rental.

Although normally it is better to start with an existing location. 

So when I'm reviewing screening reports for my rentals, I like to find out the story behind an eviction - I've had good tenants with evictions on their records who never bothered to expunge their eviction from the record when they had a prior vindictive landlord (yes, such landlords do exist and give the rest of us a bad name). 

DOES THIS EXIST? 

I recently added a half bathroom to existing footage in a unit that is valued over $1k/ft that the comps showed the half bathroom added ~$50k of value.- not sure of your home market but i assume you are choosing ohio for its lower cost.  

Our existing properties will appreciate significantly, and we have equity in 2 of the 3 properties.

This could be a huge opportunity for investors who can find cheap conversions (think: a SF with an existing in law apartment).

In my opinion, the best agents, appraisers, home inspectors, contractors, lenders will utilize AI as a complement towards their existing businesses to spur greater growth and operational efficiencies.

The strategy is built on your own personal cash flow commitment.

Keep in mind rent control is 1 thing, its a laws for existing tenants but some city's like Newark are so strict that you must get approval for what rent can be even after a tenant moves out and new ones move in.