His lease says they have use of the entire property for $X, if he wants to increase the rent that is separate from changing what they have access to.

This is assuming:appreciation: 3%/yearincome increase: 2%/yearexpense increase 2%/yearWhat are some considerations?

We found out our property manager only lists on Zillow so we are marketing it ourselves on other rental platforms to hopefully increase visibility.

I'm assuming the main reason for the 1031 is to increase cash flow, right?

Also another thing to consider are most municipalities will significantly increase your taxes if you pop the top of the house.

2.) looking for advice on how to deploy 600+ thousand dollars into real estate and start receiving the cash flow from it without having to pull the 401(k) out and swallow the tax ramifications.I currently own 13 units and receive healthy cash flow from all of them, but I am looking to increase my cash flow so I can ease into the next phase of my life which includes work of a different kind but not doesn’t having a 9 to 5 job.Thanks in advance!

For this similar price. 2 bedrooms under $300k : rent a room, Reno the condo, increase value and let it ride while paying down the loan , taking tax benefits and growing equity.

This has become increasingly problematic  with rising material costs and more burdensome building codes now present in most municipalities. 

Increase earnings, reduce expenses, save, and invest.

A collections agency will be engaged to collect the rent owed if they don't pay.