Engage with an eviction attorney to make sure you are doing everything legally and exactly how you should be.

Yes, you can rely on appreciation and rent increases if you do not need the cashflow now.

This is a very fair game I could say, I meant to say in the real world they're just "property management"/REIT that doesn't necessarily have to perform to buy/sell the property to increase NAV.

Comparing two deals - with almost same price point #1. no rent increases but Percentage rent lease - There is a base rent ( ~65% of NOI)  and the rest is percentage of their gross sales in last 12 months#2. 10% rent increase every 5 yearsAs a newbie option #2 seems preferable /safer to me, and #1 may be slightly riskier.

If that's your market, your only choice is to get aggressive or sit vacant.Consider lowering the price but increasing your standards.

I was thinking to increase rent by 200 over the course of 3 months to get to fair market price.

Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.

Contracting and subcontracting services, like plumbing, generally don’t count unless tied directly to real estate you own.Are you considering acquiring rental properties or engaging in real estate development where you would personally manage or oversee those properties?

I would like to be able to put more money into the deals to increase my return.

You’ll reverse engineer top-performing properties and get title & description recommendations, discover rare amenities in your market, & utilize competitor’s reviews to convert more guests.My expertise is in increasing visibility in search engines (and lead generation for law firms, roofing companies, etc) and not the AirBNB/VRBO algorithms.