In this era of increased rates, obtaining properties that will produce a good return are harder to find and often involve quite a bit of work.  

That profit will increase over time and improve your return. 

I recognize this is not the sole source of return, but the other sources have their return increase with smaller equity position. 

From what I’ve read in The Economist, demand for “off-the-beaten-path” destinations has increased post-pandemic, as travelers seek quieter, less crowded areas.In my backyard, investors and homeowners alike are increasingly drawn to areas like Gilbert and Chandler due to their exceptional growth potential and quality of life.

Change all lighting to LEDTo increase revenue: 1.

Let's analyze each issue you've mentioned:1) Tenancy Length: besides issues a landlord can't control, like death, sickness, job loss, etc., the actual management of the property & tenant play a large roll in how long tenants stay in their home.

They've increased the price several times in the last few years. 

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.

For the next billing cycle they increased my charges by $500 and did not notify me of the upcoming charge.