Other than increasing our 401k contributions to lower our income below 150k, is there anything else we can do?

You can likely pro-rate the rent, but you have to decide if its worth the hassle and pushback once you do it.

Totally worth the $15-$50 per month it costs.

What is the house worth?

Do you feel the additional drivers of the Northern Lights in areas like Fairbanks would help increase winter occupancy better than places like Anchorage?

.✈️ Record February for Reid International Airport: Harry Reid International Airport achieved a record number of passengers in February, totaling 4.33 million, marking a 3.8% increase over February 2023.

I'm increasingly UNHAPPY with their approach and lack of ability to get things done.

Is the juice worth the squeeze? 

Last year, my wife and I had a 10% increase on the 2bd/2ba apartment we rented, pushing it to $4,080 monthly.

Back to your project, if the unit could use some upgrades, and the market shows that tenants will pay an increased rent for those upgrades, then you should improve the property.