(It could take 8 years to get to today’s market rent, if market rent didn’t increase $1 during those 8 years.  

I have found that they worked really well when it comes to getting better tenants and better rents, and having less hassle, less headaches, and then getting a higher sales price; without paying closing costs or realtor fees.

They'll tap out in 3 months, max.Rates can increase.

It was a 50% of one months rent and a $100 increase in rent. 

. - I've had multiple vacancies, including one where the tenant left after a year and cost me $6k in turn costs.

@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?

Hello Everone .

I just bought a duplix for 281K in pensacola 2 months ago , Is it the norm to pay around $3200 on a policy ?
Thank you 

If it costs you thousands to refinance it needs to be worth it. 

Increase earnings, reduce expenses, save up, and invest.

Speaking to a contractor, just to remodel 3 of the 8 buildings could cost around $750,000.