If they don’t, they could be forced to rely on reserve funds or even increase dues to cover the shortfall until the homes are repaired or rebuilt.

Given that real estate, in the long term, increases in value on average 4% per year, does purchasing a home make sense?

So rather than look for 6 properties which each provide equal cash flow and appreciation, the investor can increase the total return of his portfolio by buying 3 properties with primarily cash flow attributes and three properties with primarily capital appreciation attributed.  

I've seen people create a new LLC per property, or per $X of equity, or after $Y of income since the $800 increases once you have higher amounts of income in the LLC, or any number of other arrangements (i.e., put all your best properties in 1 LLC and worst ones in another, or conversely, only put 1 good property in each LLC with 1 bad property). 

In the meantime, we may also want to renovate our current home to increase its overall and/or rental value.The plan is to scale our real estate investment portfolio pretty aggressively after our next purchase.

Look for Value-Add OpportunitiesFocus on properties you can improve to increase rent or reduce expenses—this can make marginal deals much more profitable.3.

I use a factor of 6 units to 100 population.

Population Size4.

We applied to section 8 for an increase and they said they would pay $150 of it. 

Noted and will continue with a proper notice of an increase in rent.