@Unal Baris KancogluTo manage a multi-family property, communicate rent adjustments early, implement gradual increases, set limits, reassess lease terms, highlight improvements, and offer incentives.

If they are below market rent, that is OK as long as there is room for improvement and tenants won't be an issue.

One third is Maryland home improvement contractors ( Mhic)  law . 

As a general contractor, I have a strong understanding of the buying, selling, and financing processes, which gives me an edge in evaluating and improving properties.

This allows you to hold the property longer if necessary, wait for market conditions to improve, or even refinance down the road if you want to pull out equity for another investment.I had a friend who was in a similar position a couple of years ago.

This time, things started to improve.

A cash-out refinance can reduce your credit utilization and improve your credit score.

Does anyone know if there is a way to request an increase higher than 3.5% due to all of these capital improvements done on the home?

I beleive there is always a way to improve relationships and often times that involves some give and take.  

Just obtained my first LTR and did a mild flip to improve some cosmetics.