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. 

A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?

Rents for long term have been steadily increasing for years here, but you're right, they do top out at some point.

Satisfied guests aren’t just likely to leave glowing reviews—they may also spread the word to friends or choose to rebook themselves, keeping your property consistently booked and increasing your revenue!

These areas offer a mix of renovated bungalows, new construction, and industrial conversions, with increased demand from young professionals.

What I’ve learned in my first experience is Notice must be given to start the process but I am not familiar with what is the minimum standard for the Notice of Default.   

I am getting increasingly serious about purchasing an office building here in Denver in the next few months. 

Put the profit towards a new Primary residence and ~$50k towards a rental property.2) Rent it out and eat the cash flow loss, hoping rents increase.

@Coty LeBlanc I originally used it as a set it and forget it tool and it was better than not having I suppose, but then I really dug into training and learning and I saw 50% increase in one property and 20% in the other.