Do some serious soul searching and try to visualize your life ten years from now as you answer those questions. 

It really depends on which of the drivers of each segment of rentals is more present with your condo, and which segment has the best blue ocean dynamic present.For example, if you are near a regional hospital and everyone is goo-goo-gah-gah over STRs in the area, mid-term is likely your cash cow. 

It's really hard for us to guess where it's going to go... but we do think it's worth the time to look into the market due to it having such a strange dynamic. 

We aren't positive this is how they work but it's a strong possibility.Just for fun..I invite you to go to Zurixx's web page http://www.zurixx.com/about-us/our-team/ for a visual of who we are dealing with.Please PM me if you are interested in getting involved and helping all of us that have lost money and others who will in the future.

Don't get me wrong, I am not saying you cannot increase the rent, I am skeptical about 49K number, to get there you need full occupancy and higher rent.I lived on 27th for years, and I know tenant type changes around 25th and lower which could cause higher turnover and vacancy.However I am not sure how  Clavel's popularity or R house or Parts and Labor changed the dynamics, I might need to update my info on it :D))I sent you a DM, you can ask me anything if you have questions.Good Luck!!!

Visually, looks great!

I'll dynamically balance my time between REI and Realtor based on relative deal flow and profitability.

You are hitting it on the head - it is DIFFICULT to visualize this stuff.

There is no general rule of thumb because everything is driven by market dynamics and competition.

I think you'll really enjoy teaching in such a dynamic school.