Cheap properties like this don't take advantage of financing and a corresponding gradual increase in equity.

It seems that we are getting closer and closer to either eliminating or drastically reducing government intervention in the market for financing for housing:Housing regulator wants Congress to shrink Fannie Mae, Freddie MacA gradual draw down seems like a logical solution to me.

February's numbers point to a gradually rising foreclosure tide as some of the barriers that have been holding back foreclosures are removed," said Brandon Moore, CEO of RealtyTrac.Nevada accumulated the highest rate of total foreclosure filings, one of every 278 households in Nevada received a foreclosure filing.California was second (one for every 283 households), Arizona third (one in 312) and Georgia fourth (one in 331).

If you can raise rents gradually, even better.

But I am sure in actuality there were signs everywhere and the change actually happened gradually.

It definitely pays to be able to gradually learn the laws from people in the office than to experience how they apply first hand when you make an error, which is usually inevitable.

They both work full time and planned to move gradually, on their days off.

Things are pushing towards White Center gradually over the 9 yrs I've lived here.We are willing to pay the premium for these areas which may be more consistent and stable in appreciation than the Burien and White Center type places....

We scaled our marketing up fairly gradual but did both direct mail and newspaper marketing.

Perhaps you could start with a 3-4% increase and let them know your intentions to gradually raise the rent to approach market rents.