fairly new to the community and looking to grow my knowledge base before proceeding any further. 

If area rents have stayed flat and not gone up then I wouldn’t raise them just yet and would wait and see what they do in the coming months and would keep them in a month to month lease at the moment if it is lease resigning time.

PS: do it, do it, do it  use other experiences till you build your knowledge.  

If you have an STR that becomes an MTR (e.g. not avg 7 days per stay, not avg 30 days per guest during year) in the middle of the tax year the IRS will consider you a LTR. 

We are buying everything we can in parts of East Clev, as well, YEP, EAST, my advice, stay off the internet, total waste of time. 

You're tapping into knowledge and you should be okay paying for that knowledge, regardless of how easy it is for the attorney to rattle off.

As a newcomer, I am eager to learn and expand my knowledge in the dynamic world of real estate.

New here :)As the Marketing Coordinator at Rental Property Owners Association (RPOA) of Kent County (Grand Rapids, Michigan), I like staying tuned into discussions about the trends shaping the real estate investing industry.

Take the time to understand the markets, explore different strategies, and build a solid foundation of knowledge. 

I'll start looking at older homes and see if that helps out I'm trying to stay away from HOAs, but it seems like everything nice has an HOA.