So maybe the the quality of the inherited tenant would play factor as well in whether to hike the rent all at once or gradually over time.

Since you have no idea what, or if, you will need any of this "cash reserve", I would rather use someone else's money (the LOC) for this, and reimburse them gradually, than use mine.I look at this as the same thing as "free checking"  It isn't "free" if you have to keep $5,000 in the account in order to get it. 

You’ll want a pricing software to adjust your prices gradually just in case you overshoot.

Then gradually give the equity to the daughter & son in law as they rent the property?

I am a relatively new real estate investor who is looking to gradually build my portfolio by investing in good appreciating zip codes in the Memphis area.

It is a far superior method as opposed to the soft approach of spreading it gradually over a long period of time.

The plan is to live in A, and renovate it gradually until my 1 year required residency is up.

It is intended to be a long-term BRRRR, with improvements made gradually and a cash-out refi to pay off the existing financing from the previous owner.

It is intended to be a long-term BRRRR, with improvements made gradually and a cash-out refi to pay off the existing financing from the previous owner.

At the same time, living on $9/hr is impossible so I would hope those people get to make more.In terms of Florida, I'm expecting rents to go up gradually over the next half decade to match the increase in income.Hope this helps,Matt