Experienced developers, could you tell me how the process/financing works?

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

Do that enough times and you'll eventually find a deal you can afford.

Quote from @Nate McCarthy: Quote from @Tim Delaney: You have a lot going on there and I’m not sure I fully understood your thought process.

For a first time investor, I definitely recommend house hacking for most people as homeowner loans are by far the best in terms of rate and LTV. 

Rates are a bit higher but if you can leverage up to do more than 1 flip at a time, it will be worth paying the lender fees.

If they are elderly or disabled the court can grant them up to a year to remain in place (they do have to pay use and occupancy during that time).

Majority of the time rental properties are not something that will have an immediate return, putting lots of cash in your pocket.

Response times began to lag as well.  

As a real estate investor, I’ve learned the hard way about the mistakes that can cost time and deals.