Thank you for the thoughtful responses.....I will show them the comps, and start with a $150 bump, which is still very under market.Will go to a lease, and note the projected annual increase of $75-100 at next lease renewal period, to get them in line over time. 

Hey @Chris Furry, so most of our guests head out early before actual check out.We do offer an extended check out time depending on if it is a back to back.

Let her know that it is only for her to live in and if she has guests that stay for more than 2 days (or whatever you think is reasonable) in a 6 month period, she needs your permission....or she has to find another place to live. 

There was decent to good cash flow for the period I held these properties.

There was decent to good cash flow for the period I held these properties.

I bought the house about a year ago and the only thing noted in the inspection report was the need for extended downspouts.

We were under contract for a couple of months while we got through the various contingency periods (attorney approval, inspections, appraisal) and while the tenants were given a sufficient amount of time to move out. 

About how many tenants have you had in that house over that 12 year period? 

If rates did drop, that 3 year fixed period means their rate would automatically drop with it, so they wouldn't have to refinance if they didn't want to, but if they did want to (cash out refi made possible by a recession forcing more elderly people into assisted living facilities, thus driving up rents, and the value of assisted living facilities? 

Hi allDoes anyone know of any lenders that will waive seasoning periods?