Although your message is from a while back, I'm happy to provide an update.

@Olivia Laos-Stutz my thoughts so far is I still have a network, family and friends back at my original home state. 

I would say it's not worth rocking the boat for less than $200 additional per month, when you look at what you're overall ROI. if it's really that big of a deal to you, maybe consider canceling the pest services that you know are being utilized and would facilitate not having a roach problem, so that you can save that extra money every month and have that money back instead of raising the rent price to the tenant.I have seen this in many different places, Metropolitan, rural and otherwise, and it doesn't necessarily matter with the market rent is you're not always going to get that.

Fortunately, if your mortgage is backed by Freddie Mac or Fannie Mae, transferring an investment property into an LLC will not trigger acceleration.

That means an 800K purchase and a 200K rehab (1 million invested) can result in a 400K tax credit that results in 360K CASH back in the pocket of the investor.  

You can't expect them to go, oh well it hasn't leased so we are just going to give up on getting any of our 5 months of rent back and not worry about that.

You can also use some low-down payment mortgage products to continue buying in your back yard while house hacking and renting to others. 

Hi all,Posted on biggerpockets my first deal back in 2011, this forum gave me the confidence to get it done. 

But if the property has been sitting, you might want to take a step back and reassess:•Is the price competitive?

I lived in Michigan for five years before moving back to California, so I’ve seen firsthand how the market has evolved.A few things from my experience:•BRRRR still works in Detroit, but it’s not as easy as it was a few years ago.