Seems like everyone I speak t a new lender the terms get better!  

You may discover the tenant can't afford the increase.

Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

W-T-F "Bob"...... 

Borrowers ability to pay and afford this home since they had zero down2.

It’s also the career tenants who live in inexpensive housing because it’s all they can afford who are far more inclined to take advantage of liberal landlord tenant laws and that's going to be a minority of the tenant base if you invest in gateway cities.

That doesn't do anything but help people buy homes that probably can't afford to do so. 

Thank you for paying off my loan but now I DON"T OWE YOU ANYTHING. 

Oklahoma City, for example, has remained an affordable market with steady rental demand, offering good cash flow potential and landlord-friendly laws.

@John SteffenInvesting in house hacking or purchasing a primary residence for rental can be challenging due to affordability, vacancy fear, high interest rates, maintenance concerns, and location analysis.