We just had a section 8 tenant where the rent increase was approved from 995 to 1295 because of shortage and market rents for similar homes.

That will show what proposed tax increase you will see.

Brother B could be convinced to see things my way but has had some financial strains lately so it might be an uphill battle. 5)My mom is in memory care and did not do any end-of-life planning so my brothers and I are footing the cost of her care.

A good rule of thumb is to have at least $5 to $10K in reserves per unit to cover these situations and avoid financial strain.

The single biggest issue in my way currently is obtaining enough cash, whether it be my own, or through partnerships or family/friend-based lending (which I am very hesitant about to begin with as this could potentially strain relationships unnecessarily when money is involved).

We are in a constricted market cycle, low volume, strained budgets, high costs.

However, I should note that this tenant has been late paying rent several times recently, which has added some strain to the landlord-tenant relationship.How would you approach this situation?

If so, you will need to apply for a change of number of bedrooms on the standard CHA rent increase form.

It does beat the expected inflation rate of 2% set by the Fed.Rents will remain about the sameWhat’s interesting is they also expect:A 11.7% increase in existing home inventory followed by Single-family new home starts growing at an impressive 13.8%. 

This is where you can significantly increase the value of the property by making improvements that attract quality tenants and justify a higher rental price.