If your goal is to gradually replace your stable job with stable, leveraged income over time, real estate investing has value. 

As your continue to do more and more houses, you'll gradually gain more experience and be able to develop accurate estimates quickly and confidently!

It was rented within 3 weeks, with people lining up.Now we know the true market rent, and everything else is simple.We got a bank appraisal a few months later and it was appraised for $790k, with only two cottages at market rent.We took out $490 k, and basically had this property for free.With gradual rent increases, tenant leaving, currently, the rent roll is around $8000.This is a cash cow, before any appreciation play.If I am not local, I do not think I will buy this.There are deals anytime in any market.

@Randall Kates - It's much easier to raise the rent gradually each year by $50 than to increase it by $200 or $300 every 4 or 5 years.

After some time I became a co-host of his homes, and then gradually took over all aspect of his bookings, repairs, coordinating of cleanings, guest communications, etc. 

(The long time tenant will probably leave)2) Raise rent gradually. $100 this year, and another $100 next year.

I'm gradually switching all my units to them.

I'll most likely be increasing my position in Fundrise over my REIT stocks gradually, may even decrease my public REIT's as well and funnel it to Fundrise.

You have to increase rent by $20 or more. which is more of a drastic increase then gradually.3.

Just curious how some of the other Landlords on BP handle tenants like this one.We have a tenant who is a bit needy that has been gradually attempting to skirt by our lease conditions.