Remy Have you considered gobundance ?

Likely just raising it above market rent would be considered stupid, not illegal because then you’d have a vacancy.

Have you considered other strategies?

You're going to need 15-20 duplexes that are considered good deals to get to that kind of profit.

Unlike traditional bank loans, private lenders offer quicker approval, fewer requirements, and the ability to customize loan terms to fit the project.

the reason i ask is i consider it a specialty.  

We use a custom spreadsheet and DealCheck to break down key metrics like cash-on-cash return, cap rate, and debt service coverage ratio (DSCR).

Wiey Underwood I answered a similar question in the thread link below and listed several of the cost segregation companies that our customers use (not necessarily partners).https://www.biggerpockets.com/forums/51/topics/1163125-mater...

You can give notice to one of the tenants, then move in and rent out rooms to further cut your living expenses.Yes, something I've considered but does require me to move from CA to TN, so big life change. 

If you're looking to build a solid, long-term portfolio, Memphis is definitely worth considering!