Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Also, a lot of the live investors in my market are just gatekeepers, too busy and competitive to really want to help me out.

That is a very saturated market for STR so I do think it makes sense that 1/3 is underperforming, but based on taking a loss now, I would probably stay tight and keep going because you have the set up in the area.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I'm located in Cleveland, OH and happy to help out with any questions you might have about the market!

All the locals are competing for deals and there are a LOT more out-of-state investors looking to get into the market as well. 

All of the great places to find investment properties like meet ups and BP classifieds and local investors and the MLS will be where you go to market yours.

You’ll definitely find a tenant for it as long as it’s marketed correctly.

-Single-family home sales declined 1.5 percent year-over-year;-Days on Market (DOM) for single-family homes went from 49 to 45 days;-Total property sales were down 3.1 percent with 10,175 units sold;-Total dollar volume was statistically flat at $4.3 billion;-The single-family median price edged up 1.5 percent to $345,000;-The single-family average price rose 3.6 percent to $443,970, which is a record high; -Single-family home months of inventory registered a 4.0-months supply, up from 2.7 months last May;-Townhome/condominium sales continued to decline, falling 9.8 percent, with the median price climbing 12.1 percent to $241,600 and the average price up 7.5 percent to $281,777.

The property does not need to have a signed lease, as long as it is available to be rented and there is some attempt to make it known to the market.