Most people will not move due to a $50-100 increase in a $1750 rent.If your increase is too low then you will fall behind next year even further.

I am looking at different markets but I am interested in the Cleveland Market for various reasons, but most of all the low barrier of entry.

This often forces a landlord to put utilities in their name to protect their property (think winter, no heat, frozen pipes).

There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

.* And for low performing properties one of the features i really like is you can make a change to your listing - lets say update the property description, log it, then see if this makes any chances in your placement.I'm not affiliated with them but think its a great tool to turn around poor performing properties - assuming the STR is competitive compared to your competition.I agree with Henry that you can probably do better self-managing IF you have the time and appetite for dealing with guests and learning the dos and don't....Heres is the turnaround of one of our Floridas STR that was lagging - now back to near the top on the first page.  

DSCR lenders have a tendency to pull stuff like this all the time, especially on low value assets like the one you are trying to buy.

Been trying to soak in as much information as I can through the forum and books, currently reading "Hot to Invest in Real Estate", have read, "Long-Distance Real Estate Investing", "Short Term Rental, Long Term Wealth", "Rich Dad Poor Dad", and "The Book on Investing In RE with No (and low) Money Down".

It is landlord-friendly and has a low barrier to entry.

Alot of brokers try to sell people into low (relative to interest rates) or negative cash on cash deals because they convenience the buyer that "real estate goes up".

You can deduct up to 50% of your adjusted Gross income to my organization as we are organized to house low income frail elderly and disable  low income.