I am from Mid-Michigan and grew up near many of these cities so I know what they look like first hand.You'll have no shortage of people responding to you on BP saying why Cleveland, Detroit, Cincinnati, etc. are the best rental markets in the country, but just know that with every pro there is a con.

There is no shortage of agents who will help you find investments here.

There is a severe shortage of inventory, so you as the buyer need to make your offers as clean and easy as possible or potentially lose out.As mentioned above, your on a month to month tenancy with them, so change the rules, increase the rents on the worst of the two and get them to leave or get paid for the additional head aches.

I recently read on article where Miami Dade County is looking towards allowing modular homes on non-conforming vacant lots to help alleviate the shortage in affordable homes.

We have significant net unit shortage at hand, this is key.

I definitely don't think there is a shortage of rentals in this area.

Emergencies include fire, flood, electrical shortage, and sewer backups.I also only offer MTM leases. 

If you are operating under a GCL you would have more coverage, but with an umbrella policy off of your homeowners you're kidding yourself John,There isn't a shortage of stories where an insurance policy has made somebody whole again after such an event to cause harm. 

Also if there is a difference between the allotment amount and the actual rent amount, the tenant will need to make up the shortage.

Must be a shortage of actual recorded mortgages or DTs to buy ??