Hi Biggerpockets community!I have bought a SFH in a B neighborhood in Parma Ohio and plan to use it as a long-term rental. The property is rather old. I am not planning major updates at this point and hope to rent it ...

It's a great way to learn some big lessons but not the optimal way.

The main issue is that your listing is not updated and therefore not optimized. 

From crafting compelling listing descriptions to leveraging social media platforms effectively, attendees learned how to attract more guests and increase bookings.Revenue Management: Maximizing revenue is crucial for STR success, and attendees gained valuable tips and techniques for optimizing their pricing strategies, such as implementing StayFi to build valuable email lists of potential repeat guests.

We optimized the design for cash-flow and what we necessary in the particular neighborhood What was the outcome?

Definitely second optimizing your listing for medium term rentals during slower times.

Beyond preparing your taxes, they can provide insightful advice on optimizing your financial structure, identifying potential deductions, and strategizing for future investments.

My name is Sundeep and I'm looking to learn from this community and get insights on optimizing and streamlining management of commercial and residential properties.  

Consulting with a tax professional or a financial advisor is highly recommended to navigate the specifics of your situation, especially to optimize tax benefits and ensure compliance with current tax laws.

Changing horses mid-stream is never optimal, however.It would probably be cheaper and simpler to just get a property manager.