Just ensure that your increases comply with local rental laws and regulations. 

Yes this strategy works great especially if the numbers don't work locally.

To get a good rental income, be sure to check who you rent to very well, write a clear rental contract, take a security deposit, make a smooth way to get rent, keep the house in good shape, think about getting landlord insurance, keep talking to your renters, and follow local rules strictly.

I just let Airbnb do their thing and do my normal due diligence on Airbnb guests like asking why they're coming, making sure they have a valid ID and try to avoid locals unless they have a good reason like home shopping

What kind of local resources or experts are you hoping to connect with during your visit?

Your answer would be it depends on a million things.Like the specific property, its condition, location to desirable areas, local STR regulations etc.We would need much more detail to be able to help.

I have not done too many deals in your market, and I anticipate things are nuanced depending on the property type and condition and based on the personality of the owner....BUT it is common and customary in my world, which is usually retail/med office, for tenants to have at least some time of free rent during the buildout.We usually structure things as follows, and you can change the number of days around but this is traditionally what we at least shoot for when we have a tenant we are repping.- Lease commencement date is to be the 6/1/24 or when the landlord's work is complete. and we traditionally have penalties in place if the LL's work takes too long and pushes us past our initial timeline.- then we typically have "rent commencement" or when you start paying rent, to be the earlier of either 180 days following lease commencement or when you are open for business.  

Do a thorough market research and consult with local real estate professionals.Good luck!

I deal in mods on both the retail end and specs. 

My hope is to begin building my portfolio (probably fix/flips) this year while I continue to work with local investors on helping them build theirs.