If you are really going to settle on this property - you could ask the owner to give them a 60 day notice of rent increase - send this notice effect September 1st, (don't miss this mailing) raise the rent to the number you want - if the tenant agrees to accept the rent increase - great - if not - you would be in a position to eviction them based on the non-payment of the increase or they will just move - you may want to say in that increase rent notice that there are plans to improve their living conditions, supply new appliances and whatever you plan to do.Do this will help get what you want without vacancies and still have a tenant who will be happy to comply to the increase.Cash flow is King - don't kill the King.Charles

Fo rehab flips, cash is king when making offers and in this tough market, your offer must be as strong as possible when shopping the MLS.

And of course the undisputed king - positive Cashflow.

@Devon Craychee we will all have opinions on what is the best method to having more investment properties but my suggestions are two fold:Cash is STILL King - once you spend your cash, it's really hard to get it back.  

There is a local primary school (West Hill Primary) and a secondary school in Ottery (Kings School) with both schools rated as "outstanding" by Ofstead.

My target area is South King, Pierce, and Thurston counties. 

Appreciation is not something you need to worry about here in NEPA ;-) Cash flow is king.2-6 Units in the whole farm over two years

If cash is the king, leverage is the god.

I would check out the Cash Flow King podcast and the Marie Paul Company.

I am mostly looking in South King County in the Renton/Kent area, but if you know any in the Puget sound area I would eager to make a call!