Can you raise rents, reduce expenses, or change its use (e.g., short-term rental, mid-term rental)?

I could raise prices and make operational changes whenever I wanted.

True re the prior poster, re this helping the seller save their credit, if you buy sub-to you will dramatically raise their FICO since the mortgage will show on-time payments.  

Excellent overview of the power of professional and creative photography... and how the bar will continue to be raised. 

Here are a few stats which should raise an eyebrow about Detroit $1 billion invested in more than 4,600 units of affordable housing over the past five years Job growth with more than 25,000 more Detroiters employed since 2014 A return to investment grade bond status for the first time since 2009Reductions in crime beating national trends, including the fewest homicides in 57 years Successfully hosting the largest ever NFL Draft at 775,000 people over three days In terms of starting out in Real Estate it also makes sense to invest in Detroit considering that the entry costs are low and if you plan to buy and hold, Section 8 makes for a great partner to insure steady rent payments.

Unfortunately, I ran into the same problem and then the also raised prices multiple times and it's no longer free after 14 months. 

I'm doing value add and raising rent on Bay Area properties.

You raise an interesting point for consideration. 

Looks like the founders are trying to raise funds for their legal fees. http://www.gofundme.com/nwaclubLegit or not, I've deciding to pass on it. 

I was born and raised in my targeted investing area.