Turnkey properties now command a premium.

While they may command more in rent for the same reason they won't stay "new" past the first tenant and will fall back to market rents.

Issues, get everything in writing and record the deed of trust, make timely payments and have proof of payments.3) As was stated, typically cash doesn't command a discount in this market but it does win the deal at or near (~1% of) the highest offer in my experience.

Right now I wanting to move back into the smaller unit and rent out the main house I'm currently living in so I can command a higher rent for the larger unit so that I can start aggressively continue to pay down my HELOC.Another reason I want to get back into the smaller cottage is because it is in dire need of some major renovations like new siding and windows, etc.

At times there will be a give and take and in those situations I would just ask them what improvements they are willing to do to the unit to command the higher rent and let the conversation play out from there. 

Another factor to consider is that homes that are rehabbed to higher standards rent faster, can often times command a higher rent and tenants stay longer, which all make a big difference in returns.

Don't forget the current unit will not command as much after the 3rd unit goes in.

Private lending you can probably start at 8 or 9% and, after a deal or two, be able to command 5 to 6%.

If there is too much space in front of the sink I’d put command hooks and a small sign or something there to break that up.

You can raise rents even more by repositioning the property (i.e. rehab work, improving property management, etc.) assuming your property is in a location that will command increased rents.