Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at the time and dropped it to $1500 for a 12 month lease with all utilities included, she purchased a electric charging vehicle less than two months after moving in so obviously taking full advantage of all utilities included.Two months ago, she had a boyfriend stay with her and told me that it was temporary while he is looking for a new place.

Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at the time and dropped it to $1500 for a 12 month lease with all utilities included, she purchased a electric charging vehicle less than two months after moving in so obviously taking full advantage of all utilities included.Two months ago, she had a boyfriend stay with her and told me that it was temporary while he is looking for a new place.

Which decreases the quadplex yearly taxes from 7000 to 5500 roughly.

Then refinance with a local bank or CU after the required time. (1-2 years) Sounds you have enough meat on the bone to afford the higher temporary int. rate. 

The purchasing power of our dollar is decreasing every year.

I use a loan program that allowed me to purchase a home using my 4 year bachelors degree as my 2 years work experience and got a temporary job in my field.

Pool Renovation $17,302 1) Pools resurfacing for 1 pool at Villa Roof replacements $47,525 1) New Roof for Westers2) Roof improvement for Cumberland to eliminate stagnant water Security Systems $9,458 1) Camera monitoring systems - 16 Channels Signs $10,000 1) Temporary Signage for the property Water Heater replacements $31,314 1) 3-4 Water Heater replacement for the property Grand Total $1,348,741See below pictures to see before and after.

@RyanYes I do think about what would happen if the market peaked, interest rates continued to rise and I wouldn't be able to cash out refi but oh well, at least I still have an asset that I can rent out and have my mortgage paid down and then in another 2-3 years I will start to take advantage of the decreasing rate and appreciation.

@Robert HuizarBecause you will be taking out less than you put in, this would just decrease your basis in the LLC.

No one has a crystal ball in regards to predicting the value of home prices in the future.Your next property can go up 20%, stay flat or even decrease in value.A lot of BP'ers are speculating we are at or near the top of the real estate market.