@Chu LiEvery market is different and every brokerage is different I would suggest doing some drive around your local area and see which brokerage signs do you see more frequently.

But, in my experience, my better quality properties turn over less frequently, have lower turn over costs, rent faster to better tenants, and get higher rents with a tenant base that is more easily accepting of rent increases.  

They visit annually, for years and would do so more frequently if they could avoid the cost and inconvenience of booking an AirBnB each time, and arrive to their own HOME without packing on short notice. 

Currently, the property is rented at $2100/month.The house, built in the 1900s, requires significant renovation, and the tenant frequently requests various repairs and maintenance, such as duct cleaning and appliance upgrades.

What varies is labor, which is frequently lower in a small town. 

Also, a hot water heater can be working perfectly fine, but if it's over 15 years old, that is also now an issue for many carriers.I also frequently run into situations where even if in the electrical panels there is cloth wiring over copper, the underwriters are sometimes still paranoid and assume it's cloth over aluminum.

Also, if the tenant turns over frequently you could upgrade the property management company to be a little more optimal.My biggest concern when looking at markets like this and smaller is tenant pool and supply of rental properties. 

Hello,First post but frequent visitor to these forums.  

We see this frequently.

Our family brokerage has been based in Chattanooga for over 30 years, and I am frequently at our satellite office in Nashville where I lived and invested for 4 years and still help clients.