Demand is increasing as India/China economy is growing, while number of Teak trees are diminishing.- Even if all of you reading this planted a 1,000 acres; that would not but a dent in the demand, and decreasing availability.- If the world goes into a recession or depression. 

Quote from @Leeling Chew: Hi all,My tenant's lease expires on December 31, 2024, and converts to a month-to-month tenancy with a $150 rent increase.

We had nine months straight of increasing inventory.

However, I just received the closing docs, and the rate on the 6.9% loan has been increased to 7.8%.

Looking for reasons to increase those expenses sounds counterproductive. 5.

When you mentioned that you don't have a lot of money to start with, I'd recommend focusing on increasing your current income and decreasing expenses.

In the past year or two we see lots of rentals and investors and rent prices have not kept up with home price increases. 

@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.

Reality: still here, only a temporary increase in the exemption.- Plan: eliminate NIIT - Net Investment Income Tax.

That must be frustrating.How about price, is it still the 2020 price, or were there a lot of change orders and price increases as well?