For investors, this can mean boosting rental income or increasing the property value significantly.

And I'd argue the average rents can be increased nearly 30% based on the current FMRs in the zip code.

I will be sure to increase my rice in the future!

With a few tweaks to the management structure, and with new leadership, I figure we can greatly increase the revenue.

It's kind of disconcerting when I can only raise rents by 5% but insurance is increasing by 10% to 15% per year. 

Only reason I've been doing it is to get 0% business credit card limit increases.  

They further out the ripples go from the stone, the less appreciation your receive while the cash flow increases.

That sounds like massive renos (ie new floors, painting...).Yes as you acquire more properties, the chances of having multiple vacancies (no matter how leases are staggered) increases.

With increased competition, renters are opting for homes that offer better value, updated features, and overall appeal.Final ThoughtsThis market shift is a wake-up call for investors and property owners in Charlotte.

The homeowner collects a NET/NET 5% yield with 1% increases each year in long-term lease by a BBB+ credit rated tenant (similar to Morgan Stanley credit).