The short answer is I look for 9% min and try to press it to 11% with those strategies along with rental increases once improvements are made and the tenants know you actually care about the property.

I bought a SFR and then shortly after a duplex.

The terms on the loan may not be in your best interest. 

Ohio is a lengthy foreclosure state and many fees not recoverable0% interest and they don’t pay then you are losing money every month as they have no incentive to payLastly having it at 0% and over priced from its value means if they don’t get a tenant then they just walk away as property is so upside down.If it was me as a seller these are awful terms as a seller.  

Also work with trusted lenders, look for reviews, etc .. since there are many unqualified loan officers pushing term sheets to get you to pay for an appraisal and switch the terms on you at the very last minute.

The numbers I’ve been running look really promising from a short-term rental (STR) perspective, and the area seems to have favorable STR regulations—or at least a lack thereof.

If it's a refinance, brokers or institutional lenders tend to have great terms.

I've been going to local RE meet ups and talked to other investors who have used many different strategies: out of state, syndications, NNN (triple net), commercial, AirBnbs, mid term rentals, co-ownership, house hacking, etc.

Are you looking for long term rentals for buy and hold?

Never owned a short term rental.