Yes, your rate will change but not much if you have good credit it will go up around 5.875% to 6%.

The tricky part will be to get the the city to change your property's zoning to multi family (if it isn't already).

Last year January MN enacted the biggest # of changes all were added details and raised the bar of requirement for Landlords, including some specifically detailing how a listing must be detailed.

Estimated cost for remaining changes (all new electric, drywall, tile, fixtures, cabinets, roof, doors, windows, heat pump, some siding, and fencing.

I worked with this exact system but the investors wanted outrageous requests along with constant changes that made the project unprofitable.

Unless you have a really bad listing, changes are you are asking too much if you are not getting much interest on rentfaster.

Conversion rates also change over time.The answers to some of those questions would help point you in a good direction.

We do a new FULL lease every time because laws change, terms adjust, and it's negligent to do anything less.

Is it over-blown or game changing?

I don't really want to invest in a D-class area.Tangentially, what are some of your "it's time to sell this property" red lines when it comes to the changing economic conditions of an area?