We also have a lot of quality multifamily properties in the C & B neighborhoods.Toledo has been making some big strides lately and has a become an investor hot spot for out of state investors.

Same reason I don't buy all my gym equipment from the very well-known brand Rogue for my gym; I can get some items that align in my interests at the same quality elsewhere.

Look in surrounding/similar quality areas.

Steve,The answer is it depends (I hate that answer;).It depends on the amount of time you can commit, the quality of the property you purchase, the type of tenants you have, if you self manage or outsource, how organized you are, etc.As with most things, you should walk before you try to run so I would urge starting 'smaller' and in a few years moving up if you still want to.

I think the #1 thing you need to do to make yourself invaluable to investors is to source them good quality deals.

I think people have shifted their focus on quality of life and finances.

I want to get a quality tenant, but I have zero pics to show.

Subtle increases will be more considerate of the tenants, but if you can still get quality tenants at market rent, then your best option is to raise rents to the market premium and give the tenants the option to stay or leave.

That would give you a huge return but it won't work because short-term renters will never rent your property because 1) it will be in a wrong location and 2) the quality of the property will be too low.

Depending on your area, these are becoming very competitive (there is still a huge demand) so it is important to weigh the quality of service/management in order to gain positive reviews and retain repeat customers.