He demands the rent increase to $3,200 but you refuse to pay it.

However, I’m increasingly excited about starting a unique stays/glamping business.

But wondered if you were able to flip some houses during your run so that you could buy down the houses you have today and increase your cash flow to allow you to quit.Some great stuff.

Hi @Joy McQueary - you can find a breakdown of rental rate increases by state online, and here's where to find a list of the hottest multi-family markets.

For example, in C class neighborhoods, you might see higher tenant turnover and more wear and tear, which can increase costs over time.It’s also worth factoring in reserves for capital expenditures (CapEx), even if major items like roofs and HVAC systems are new.

Will you have cash flow on day one or do you need to increase rents or find better tenants? 

I like the West Mobile area, its class A area, you can definitely find deals there, 3 bedroom with 2 bathroom for around 220k or so, you may have to wait a couple of years for positive cash flow but properties there increasing in values better than others.

How do you evaluate the increase (or decrease) in price of the land in question down the road?

As home prices or interest rates increase, fewer people can afford to purchase homes, forcing them to rent.

They are packed with experienced and new investors and are the best way to get the confidence in real life to add to books and podcasts and these forums.