In higher or mid grade  asset classes with little to no need for legal action I would allocate mimimum 4% plus the management fee. 

Much more expensive and time consuming the the alternative of shutting down the current field line, leaving it where it sits, and putting in new field line elsewhere on your property. ** NOTE unless you have an earthquake the septic tank is self should last until the end of time it's just a big tank made of concrete. 

I am not investing yet, Once I finish this semester of college I plan to start taking action. 

I have it on the high end of the range for the market, but the property is getting a lot of action online, which is hopeful.

Eventually, after nearly 2 months, I decided to take action and provided a notice to vacate the premises.

Can be costly and time consuming.

Consider all three options, evaluate supply versus demand, and take action!

But for the life of me, I can’t figure out a good course of action.

My layman's understanding of NAR's long standing anti-Trust argument is that broker cooperation via the MLS increases competition, and thus good for the consumer. 

Based on his actions many people believe his desire it to make housing less affordable so that fewer people live in the state.