I might consider splitting the difference between what you think they are worth and what the other units pay now and see what the response is; if it's overwhelming and you get them rented instantly, you can feel comfortable moving forward with raising the rent in the other units.

The first court date I showed up and he didnt so I was awarded the eviction, next day I received a phone call from my attorney asking me why I didnt show up...talk about instant panic.  

Make sure you make a deal with them, because gaining instant five figure equity is a bigger deal than a small monthly payment.

So I printed out some flyers in Spanish, and headed down there to make myself known.When I walked up to the door with the flyers hidden in my jacket, I saw a sign that said "No Soliciting," and I was instantly anxious.

Also perfect for home owner to keep and instantly build sweat equity ."

What I'd really like to see in your buying is: finding under-market ones, that give you INSTANT appreciation, on day one!

This was just a creative way to finance the first one and get some instant equity.

There is one investor that do both here in LA, he rehabs 3 and he holds the 4th one, currently, he might have 10 holds already, each hold he gets at least 50% instant equity.

Memphis tn is a very hot market right now and reasonable prices coupled with less than average rehab costs equals great ROI   I actually have a few occupied rentals for sale right now with 20-30k instant equity.

Not because every house in Detroit instantly upgraded and all the "old" houses happened to be devalued.