Talk w/ each tenant, work with them if necessary on an increase schedule that won't cause them a financial hardship but helps you achieve the increase.

What are some ideas should i explore so that I can minimize the financial loss in this situation especially given I cannot refinance even if the rates were 0% as my property value won't appraise.

When I look at the records it looks quite random.

I’m beginning my journey into real estate investing with the goal like many of you of generating passive income and discovering financial freedom without having to rely on a “day-job” for much longer, so I can travel more and spend more time with my young kids/family.

They may be getting out of your market, or the commercial rental market, or duplexes, or just don't like your track record.

@Daniel Cullen - we just recorded a Straight Up Chicago Investor Podcast with an investor who did his first househack in Blue Island.

My recommendation for newbies is to start by setting financial goals and educating yourself.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Goal is extra cash flow in retirement for financial freedom.Dilemma: the cash flow from the property right now is roughly $1300 per month.  

Ideally, this would be someone with a strong reputation and a proven track record in full-scale renovations, along with in-depth knowledge of the Pittsburgh market.If you have any recommendations or advice on contractors who fit this description, I’d love to hear from you!