If this tenant can't afford the $100 increase, I will have to travel back and spend the time and money getting the house ready for a new tenant (paint, carpets, etc) , not to mention decide whether I will hire a company to deal with the rental and the new tenant, which could mean 10% of monthly rent or I will have to deal with it long distance myself and hope for the best. 

Since you are living there, it should be much easier to set up showings rather than a traditional rental traveling to the property.The biggest mistake I have made, and seen other makes, is loosening their guidelines after a few weeks/months of vacancy because they have simply had enough. 

I travel a lot so considering a multifamily by somewhere I already travel and being able to stay in it.

CoStar now owns Loopnet, Apartments.com, Lands of America, Smith Travel Research, BizBuySell, and other sites.

If in Wichita Falls start a trailer park.  

We loose almost all of the site line if my neighbor decides to put up a sign, plant shrubs, let their tree overgrow, etc. and this is in the riskier direction from our stand point.Our argument was that we have 400' in the direction that has a flat straight away (theoretically faster traveling traffic) and have 3xx' in a direction that the traffic is traveling up hill with a shorter stopping distance and time, most traffic will be coming off of an Interstate off ramp which in theory they would be well under the speed limit when as they approach our property.To answer your question: I am undecided if I will do more development projects.

Not quite a new member as I've been lurking these forums for years, finally deciding to get serious and figured doing the "New Member Introduction" post would be a good step.Briefly about me:  I'm currently working as a merchant mariner (3rd Mate) and I travel for work about half the year, looking to get into real estate investing to supplement my income and begin building a portfolio during the half of the year when I am home.  

I keep dismantled old house materials for almost 20 years in the trailers.

@Munjal Adhvaryuare you able to travel in person to your target market to build a team and look at properties?

If a tenant requires hotel accommodations for more than 48 hours, the hotel room must include a refrigerator with a freezer and a range stove or oven OR provide each tenant a per diem for daily meals and incidentals equal to the CO state employee per diem for intrastate travel as established by the department of personnel.