You have to account for that.4) This is all about the rental numbers, and if this is subject to rent control, right now the max you can raise rent is 4%.

Military housing is at high occupancy on-post, making various home displacements more common off-post in hotels or short term rental homes.Small multi-family homes vary in neighborhood types, but the majority of them (but not all) are in a low to middle class area, raising the chances of getting unappreciative or undesirable tenants.As I mentioned earlier, I have no properties and only watch the market for now.

Separately, I will be needing to raise rent for existing tenant to match market rates. 

Joel Block's Dealmaker's Symposium is in Austin in 2015 and is the best course on raising money I have found.I'm going to sit through the CCIM courses next year too since they've received good reviews.  

This is why you see drive planning raising $300M ponzi when it offered 40% returns.

That being said, schools ratings also change (e.g. a couple excellent elementary schools feeding into one currently low rating middle/high school will raise the rating of the middle school in the coming years as the kids advance, and vice versa).

Will you be raising funds like a syndicate? 

.- Always raise rents at the end of a lease.

You raise a good question, and probably an excellent one for a CPA.  

I'm shopping insurance again this year because my first renewal is in May and Farmers is raising the cost by 30%.