He went down and got showings for a bunch of houses in Cape Coral with attractive prices, but came back empty handed. 

I believe greater emphasis should be placed on why this unit continually  attracts terrible tenants.

I’m currently working with a really attractive build-to-rent development here that’s approaching completion.

If there are any platforms offering more attractive terms on the HEA than the HELOC it could be an option. 

Look at census data or local reports.Explore the Neighborhoods:Amenities: Properties close to schools, shops, and transit tend to attract more tenants.

There are some solid advantages here: new construction typically means lower maintenance costs upfront, modern amenities that attract quality tenants, and potentially higher rental income.

Other attractive areas include Pittsfield, Providence, Manchester, Nashua, Rochester, and Connecticut.

The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.

.), where things are (cleaning supplies, trash, etc.) and points of interest in the area (such as local attractions and restaurants).As I am new and definitely still learning, if I missed something please let me know.Wish you the best as you get set up!

Additionally, I think a new build would attract higher quality renters.