With a triplex, the cost for the same slab increases only slightly, to $28,000, but you get three units instead of one.

In the end we let our owners decide if they want to increase or decrease the agent commission that found a tenant.

I feel the Greater tyler area is slow because population is not as explosive as DFW. 

Hopefully you’ve increased rents and your above expectations. 

Here is the pro forma financials for the property……………they assume 150% occupancy and a 150% rent increase 9.

However if you are looking for options without points then you would either want to consider taking a higher rate or increasing the term of the prepayment penalty. 

I would discuss financials on this if you choose to come see the pre-rehab on Dec 1 (I have made a lot of money (close to 7 digits after this rehab is done in ~2 months) but due to not executing a cash out refi (due to the rate increases) my return is below my underwriting).

There are many other angles also you can take to both increase profit, reduce risk, etc.

If so, do I need to wait a full year to apply the CapEx rent increase?

The difference is just UW fees, better than paying a 20% increase at payoff to remove properties.