Indianapolis is much more affordable and the weather is considerably better. 

Take into consideration the age of the carpet you can only deduct a portion from the security deposit depending on how old it is.

But certainly a consideration. 

If she pay it would be considerably less that what she pays now

However, on the first increase with these people, I'd consider keeping as many as you want on a monthly, even if they aren't paying that monthly premium because you really don't actually know them yet, and you might want to have the ability to remove them in 30 days if you wanted, versus being locked in with a bunch of someone else's tenants.The last, perhaps main, consideration would be to make sure you're not eliminating all your cash flow if everyone was mad at your increase.  

I know the feeling of making sure you covered all your bases before it's too late, but if it's any consolation, at some point you just have to pull the trigger and go with whatever happens.

The bank will want you to personally guarantee these loans so the deed and mortgage will be recorded with your name.You might be able to put in a trust after the fact if this didn't trigger the due on sale clause.

Never pulled the trigger but I'm really curious what others have to say (for my own future reference), so, I'm chiming in here.

After renting it for a year and a half at $1,250 a month I turned roughly an $80k profit taking into consideration maintenance and holding.

One thing that combats the seasonality issue is that Sparkling Hill Resort is up there, and I'd imagine short-term rentals would be a good secondary option to Sparkling Hill/Predator Ridge Resort, as well as for special event accommodations (weddings, parties, etc.).Understanding your post was from almost a year ago, did you ever pull the trigger up there or anywhere else in the area?