Furthermore, if rents rise in the coming months/years, this too would increase cash flow. 

This is due to the  increase in mortgage rates and house prices.Pros/cons as I see it:Pros: two appreciating assets versus one; as rents rise, we’ll make more net income.cons: less cash flow, double capex, double maintenance.Anyone mind letting me know your thoughts?

If all parties were agreeable (and would likely agree on an interest rate lower than a bank's would be), with $0 down his monthly payment would jump $300-$500, but now he would be building equity in the property.Is there anything else I should tell him or anything I am missing?

I'd look at things like vacancy and crime rates. 

Even with rising prices due to inflation.

Expiring rate cap?

I can check it out and give you some feedback on how to bring occupancy rate or ADR up or if the move would be to go a different direction based on the data. 

. :-(  We are only staying with the bank because the rate is so advantageous and the terms are as well.

If you're looking to add 100 potential clients to your database, chances are you already have this many (or way more) in your phone contacts, email contacts, and social media friends/followers.If your conversion rate as a new agent is .5%, you'll need 200 leads in order to close 1 deal.You should spend at least 30 mins a day as a P-T agent to generate leads.

Do a cash out refinance to offset any credit card or installment loan with a rate above 9% to offset the loss until you have the ability to sell ot or transition into a STR.