With the housing meltdown, the property value is down and so I cannot even sell without taking a hit, plus renting has become harder and there is a lot of pressure to reduce rent etc...So this strategy will enable me to have more flexibility on being competitive on the rent i charge which I reduce to attract stronger tenants, without taking a loss on my monthly rent cashflow...I was looking at all the options given my circumstances etc...Please advice as I am new to all this...What do others do in my scenario...thanks

Connect with me and I might be able to assist as a cooperative since REAL ESTATE IS DAMN COMPETITIVE!!!

Plus the same platform can put you in front of BUYERS before your competition even knows they exist as well as poach clients from their open houses.

I am seeing listings sit longer in this market and competition is lower.

In my opinion, there is just no excuse not to use tools that are free to you and friendly to your applicants.)Apartments.com does have this other listing two blocks away (I don’t know the area, so it may be less desirable than yours) becoming available on June 10: https://www.apartments.com/2-br-1-bath-house-2024-hill-avenue-middletown-oh/0wj61x3/ Unfortunately, it is bad competition: it’s a 2/1 SFR for $825/mo, allegedly “fully updated” inside.Incidental to the above apartments.com listing, I would contact the management company behind it to see if they could opine on your property, as @Bill Brandt suggested.

If your rent is $50-$100 less than the competition, it should rent, You might find a single guy who loves the yard.

Our rental market is very competitive, with sometimes only a few apartments or houses on the market at once.

In my experience though, if you don't have an existing relationship with seller/broker OR solve their problem, you better be willing to offer a competitive offer.

Competition is fierce and driving prices up, but with the right sources you can get an excellent deal here.

@David NinoThe most important thing it to confirm that the tax return is correct and properly filed with you taking advantage of deductions/credits available to real estate investors.I don't have information on how many state tax returns you are filing and how many properties hold those 23 doors(1 apartment complex vs 23 sfh's), I would have to say that is one really competitive price.