For most people the ascent with be a gradual one and as you gain experience you will also gain momentum but like anything else you have to become a good manager of your business and need to make wise decision.

It also shows the gradual decrease of the loan balance until it reaches zero.annual percentage rate (APR)This is not the note rate on your loan.

Those who DCA - dollar cost average (and most do into their 401k mutual funds) won't get clobbered as they have been averaging in and over time this will smooth out all the volatility.Most people nearing retirement should be gradually shifting out of equities into something more of a fixed income flavor.Listen, I prefer RE over the stock market, however I have constructed over many years a fantastic stock portfolio of great companies that throws off income (dividends and distributions that grow annually) on a monthly, and quarterly basis that I will utilize to supplement my passive income in retirement...Days like yesterday (and today) are more like buy days, as if you look around you can find great value in these sell off days.

If you want to eventually live in it, the current income becomes less important, but seems like you can get to 1% if you do some repairs and raise the rent.If this is a buy and hold, the long term desirability of the neighborhood and big picture changes (is this neighborhood gradually getting better, or gradually getting worse?)

 A gradual increase may have been a more successful approach.  

Do you recommend making the jump to market prices right away or easing it in more gradually? 

Once you excel  in one niche, you can gradually add another.

Tough to predict ten years out, none of the data providers go out further than five.According to CoStar, 1-3 star office properties in Poway have a 3.4% vacancy that trends up gradually to 6% by 2022, with consistent negative absorption of about 2500 sf / quarter.

I have had a similar situation and opted for a gradual rent increase.  

I thought the difference is I depreciate part of those gradually - only part of it counted as building value can be depreciated, vs. immediately count as expense when purchase?