It currently has a decent cash flow about 140 per unit and an 11% roi and I was wondering if I should rock the boat by raising rents right away or should I wait while? 

Redo the numbers and be prepared to tear out the sheet rock.

I plan to re-do all the sheet rock and kithen cabinets etc on the first floor.

It leaves a very bad taste.I am convinced that the contrast between that and actually going through the lease with your tenants, explaining and amplifying each point with examples, helps our business a great deal.Van Halen was a rock band who needed to be sure that their experienced business partner did a one-time, very complicated job correctly.

Looking for someone reliable, to lay quarry rock in the backyard of a property in place of the dirt that's there now...Thank you!

But if they are good tenants, it might be worth not rocking the boat just for a bit higher rent. 

A horribly unethical contingency attorney banded tenants together to sue us.

The systems part is a must because if you don’t have rock solid systems it will turn into a mad house fast!

Can someone show me a cash flow property in Austin (Round Rock/Cedar park) or Atlanta (Alpharetta/Johns creek/Cumming/Suwannee)100k down,max property value 300k.

Also, had some scratching due to rocks in shoe tread.