page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.

Asset manager role would be to give advice on property that could be value added and increase the income on a property by small or big tweaks.

As far as the tenant goes, it sucks to have to raise rent but its still a business and its likely that if they try to find another place, they will be stuck paying even higher rents than what yours is at if you increase it to 90% of market value. 

@Shawn Tuma & @Chris KayVery difficult in today's market to cashflow putting 0% down:(5-10 years ago it was possible, but prices have increased faster than rents.Your best bet is to find a property that needs work, but will still pass a VA appraisal/inspection. 

You will get away from income taxes and annual registration fees by going to the townships, but your property taxes skyrocket which may offset some of the rent increases.

When cap rates increase you have to have an impact on NOI great enough to overcome the cap rate adjustment plus a profit. 

That you knowingly, willingly and wantingly engaged in the venture knowing the rules of who can/cannot participate, knowing your disqualification, disregarded and engaged in it anyways. 

I once rented a 5bed/3bath in two days, just a week before Christmas when the ground was covered with snow and ice.Sitting vacant in the winter increases the risk of frozen pipes or other expensive problems.

Increase time spent conversing with each lead that you get to learn more about how they view the property and implement reasonable changes accordingly.

You could have given notice on 12/7 that her rent was increasing on 02/01.