To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

Gross rents are $1,250.00 a month and we have a two-year lease in place currently.

I'm just south of the twin cities, but I'd think Fairbault or Owatanna might be a good place to meet since there centally located between Rochester, Mankato and Albert Lea.

District South has a priceless location that backs up directly to the famous Nickel Plate Trail."

I do it manually (and keep in mind, it also depends on the state and location - VRBO does for some and not for others, Airbnb does for some and not for others) I know many folks happy with Avalara though. 

I have decided on a value that each LLC has before starting the next LLC and some of this depends on the location. 

If you buy in a prime location with desirable amenities, you’re setting yourself up for steady income and long-term growth.

I am not sure what companies are quoting you, but you should shop more.Make sure to have the location of where is showing the cracks so you can get a more accurate repair estimation.I have some contractors that I can recommend.

Location shouldnt matter too much for the lender.

Party 2 offers higher rent but comes with more risk.