Best to raise rent to keep up with market or a little under market but give incentives or update/upgrade property to a little better than market grade.

You can also look at owner finance notes or assumable mortgages that you can make your new primary and rent your current.The typical investor grade criteria to employ capital has changed, it doesn't work like this now.

What has prompted the interest to change from pharmacy to REI? 

These are not investment grade areas for term.  

OK, so not to change the subject here, but I'm a new investor, and I get why to invest near the best grade/high schools, but I'm not seeing exactly what it is about universities other than student rentals.  

The consensus on internet websites is that you sit down with someone like a CPA who can actually do above 5th grade math, you tell him your annual earnings and he is smart enough to deduct your annual expenses and he tells you whether the total is positive or negative.

In Portland, this is getting close to $25K/unit.4) Get a timeline from your builder and make sure he can serve as a gen contractor to get all jobs done on schedule,  THe longer it takes the more debt you incur.5) Start building from site improvements (grading, utilities), then foundations to finish.  

I'm not going to claim I'm knowledgeable enough to grade all the properties but I'd say Northeast is around a B. 260k would be the low end for property values here, but there is a large inventory of duplexes so you could maybe snag one for around that number.

If you want to hop on a call, I can share a neighborhood-graded map that I created which shows you the different areas of Columbus and where to invest.   

Priority will be given to recent documented rental income when choosing a method.o Form 1007 Single Family Comparable Rent Schedule/Form 1025 Small Residential Income Property Appraisal Report prepared by the appraiser reflecting long-term or short-term market rentso Most recent 12-month rental history statement from the third-party rental/management service (may be provided by the seller if a purchase transaction) Statement must identify the subject property/unit, rents collected for the previous 12 months and all vendor management fees Any significant variance between the 1007/1025 prepared with short-term rental data and recently documented income may warrant a deeper dive by the underwritero AirDNA Rentalizer and Overview reports (must meet the following requirements): Rentalizer Purchase transactions only Forecast period must cover 12 months from Note date Occupancy rate must be > 65% Must have six (6) comparison properties Must be within two (2) miles of the subject property Must be similar in size, room count, amenities, availability, and occupancy Overview Report Market grade by zip code Must be B or greater Income calculation (annual revenue ÷ 12)