The main reason is that property values are still relatively low compare to other major cities.

@Baird King if it is a duplex or  < 5 units they will assess it on comparables.

You should compare costs. 

Is it a realty/home buying pho paw to meet with more than one realtor to kinda compare their work and have them both supposably looking for a home for you?

A good idea would be to compare three scenarios from a pure numbers perspective :1.

As far as how long to rent up you need to drive the local area and look at vacancy with buildings and centers versus access and location quality and compare to yours.

FYI if you need 3rd party confirmation: Yes, rates got about 45 bps worse today, compared just to yesterday.

There may be more of a move to craiglist or facebook but the amount of scammers on there make that a bit scary.Landlords selling - prices are at historic highs here (nothing compared to bigger cities still) but many investors are taking this chance to get out and not deal with another potential eviction moratorium. 

I would inquire about the rental history for all of the properties and also try to find out the estimated price for each individual property to see how it compares to the list price. 

You have to make your property less desirable for that element.