It doesn’t make sense to me to just raise rents 2% per year if market rents are rising significantly faster.

R-1 9, and Single-Family PDZs) are disallowed and your place needs to be at least 500' from another STR in all zoning districts.

@Daniel TrippettThe subject has been beat to death in many different threads here on BP.

Despite the competitive pricing and the fact that it’s been completely remodeled (new roof, HVAC units, windows, floors, appliances—you name it), it’s still sitting on the market.I’m trying to figure out how to get this property to sell faster while still turning a profit.

It will speed up the process of finding no-competition deals faster.  

Using a loan lets you spread your money across more deals, scale faster, and potentially see bigger returns.

Choose a location with low-cost homeowners insurance because they have the lowest risk of natural disasters: Insurance - ValuePenguinIf you follow the above process, you will now have a short list of potential cities that are very likely to appreciate much faster than others due to their strong fundamentals.

It makes it so much easier and faster to input everything and you have all the forms you need.

Hopefully you can figure it out up front and get there a little faster than we did!...

Patience can be your best friend and if you attempt to over leverage a property it can come back to hurt you.Some will recommend buying subject 2 where you could take over an existing mortgage that could be at a substantially lower rate - but if the lender finds out and calls the loan that could also be very bad.