There have been a ton of complaints about having to go thru the process but I see this as long overdue.This has turned out to be a farce.

My husband and I have 3 rentals all out of state that are managed by a PM.

I am not trying to talk you out of anything you have you sights set on.  

How does one go about determining what a "good" market is to start out?

That’s why I’m reaching out to get your feedback.

He says his source at a leading information provider, tells him that their research reports a serious drop in the number of "wholesalers" out there from 90,000 in mid 2022 to about 20,000 now, in fall of 2024.

I am out of options on how to proceed.

I'd also mention that the rents were raised because they were well below market value and still are below market value, so they've been paying less in rent for X years.I'd also explain if the floors get replaced, they have to move all of their stuff out of those rooms and leave it out until the new floors can be walked on.

Once renovation is done,  you could refinance it to pull out equity for your next project..

@Jennifer Katherine De Loughy- probably not ....try reaching out to local bank / credit unions  that are close to the property ...try reaching out to any bank connections you have ....you might find a lender that's willing to  cross collateralize  it with your home