They've increased the price several times in the last few years. 

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

Most importantly, whether you do it by directly engaging the seller or hire someone (agent, broker, foreclosure consultant and etc.), you must research the local laws and regulations, which are State specific.

I'll focus on maintaining the property and optimizing rent increases to ensure consistent returns over the years.

And during inflationary times rental rates increase.

I felt confident that this guy was dependable and wanted to pour gas on the fire.I increased the number of hours Marilyn was working and ordered another batch of direct mail, all at my sole cost.

That profit will increase over time and improve your return. 

In this era of increased rates, obtaining properties that will produce a good return are harder to find and often involve quite a bit of work.  

Your returns could be increased if you are willing to rent it by the room to individual students. 

From what I’ve read in The Economist, demand for “off-the-beaten-path” destinations has increased post-pandemic, as travelers seek quieter, less crowded areas.In my backyard, investors and homeowners alike are increasingly drawn to areas like Gilbert and Chandler due to their exceptional growth potential and quality of life.