Is there a better option that I don't even see currently?

Currently as a 5 bd 2 ba it rents for $2500 but I'm finding it hard to increase rent just due to the fact that there's not many people out there looking for a 5/2 to rent or else they would just buy.

It looks like all the Liens up there currently are junk... and in Arizona...so not real helpful...

When I buy properties with way under market tenants, I have a "bad news bear" letter that I send out which introduces us, explains the current situation and tells tenants what the current market rates are, and for tenants not under leases, when and how much the rent will increase.

I am living on the SE side which is ultra-competitive currently.

My current situation: I found a buyer ready and willing to put down deposit before the rehab is even finished.

Any current rental property owners that can give me details on the cost of rental license and inspection fees in Lansing, MI?

The facility is underperforming and it should be a good opportunity to buy it while the price is "low" (asking $40 million, with a solar farm that is currently being installed) before the "Silver Tsunami" hits over the next few years.  

I’m currently using PropStream for land leads while checking Zillow for best sold areas.Anyone have a solid solution they are using or recommend?

That street is definitely in a transition phase and given the current market conditions in my opinion you would have to discount units in that building to a point where it wouldn't make sense as a STR.