My goal was to just take his month late payments and give him a non-renewal when his lease is up.

Renting it as a standard unit might bring in $2,500/month.

As long  the tenants pay the rent each month, increasing their rent will be very tough and getting them to leave will be extremely tough. 

@Lina Truong definitely submerse yourself in MTR learning for at least 2-3 months.

$100 a month is not enough for a duplex depending on age.how well do you know this market?  

Quote from @Paul Lucenti: Would you rather have monthly cash flow or would you prefer a quick pay day after 3-6 months?

there just aren’t many sold properties in the neighborhood in the last 3 months and even out to 6 months is limited.  

My goal is to ensure that I hit the 1% rental return per month.

MAREI's still here, we meet at the Double Tree on the 2nd Tuesday of the month from 6 to 9 and we have a meeting after the meeting.1st Meeting is FREE.We have generally 100 in attendance.Come out and check it out, join our community -Next meeting is February 11th, 2025

Hi @Jaycee GreeneThe renno is expected to take 6 months - 12 months (we have a very good team in place).