In many cases, they'll more than pay for themselves just in being able to get you more rent. 

Both of which we have owned less than two years. 

This is especially the case for work that was completed 10 years ago when there was even less oversight than there is today in the city.

They are more of a small hospitality company than a long term, tenant occupied, rental would be.So it really depends heavily on the attractiveness of the area and the competition.

Do as Nathan says, offer them more than they want to deliver it without the squatters.

Super needed.Half of the homes sold were under contract in 13 days or less, up from 7 days a year ago.46.11% of homes sold for the asking price or above, with 23.4% selling for more than the asking price. 12.3% sold for at least $10,000 over asking and 4.04% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98.2% – down from 99% a year ago.Knoxville having the fastest-rising property prices in the country over the last five years, with median home listing prices rising 83%.New construction represented 13.6% of total home sales.With an increase in units over the past year we have seen the occupancy rate moderate at 95.9% down from the high of 98.9% in 2022.

Good job.Rather than respond point-by-point, I will give you thoughts on one topic and maybe later posters can take on different topics.Step 1 is pay off your primary's mortgage.

Begin your 'pre qualification' process for the acquisition now (most commercial lenders won't issue a PreQual but rather a LOI) In general, Commercial transactions can take longer due to extended due diligence, appraisal, environmental reports and financing (60+ days) so you'll want to initiate your search during the marketing of the down leg as it can cause a tighter timeline than a residential transaction. 

I am a RE Broker and have been one for 50 years now.. but I have not sold RE at the street level in about 15 years or so other than referral fees. here is my point of view.Listings will be worth more than they ever have been in the past I think thats self evident.As a high volume Seller of property here is how I am going to work it..

STR PM is much more work than LTR PM.