That is why when you own 20 units of anything the numbers are exciting and there is the opportunity for almost exponential profits.Take 20 units times only a $50 per month rent increase is $12,000 per year EXTRA INCOME, in 10 years that is $120,000 and then you increase the value of the property as in the image below.I used some fairly low numbers with the assumption that the property is currently earning $50 per month per unit and the rent increases may be super low at $30 at the close of escrow and only a $30 rent increase every year, but if the owner makes some changes she may be able to increase the rents several hundred dollars within 1 or 2 years.So, even with the very low rent increases the owner will make a profit of $1,336,800 in 10 years, but also may be about to double or triple that number.

We are looking at a property that is a triple net lease. 

We were originally thinking of selling after doing a few repairs, and tripling our money.

So, I may need to double or triple the size of this to get the gains I want.

DM me about it - I tripled my portfolio the past couple of months by taking advantage of it - properties were not listed upfront as offering seller financing

Years later, demographics have changed and the value has nearly tripled in the area.

He sold it late last year for nearly triple the price.

Might be difficult for a portfolio size in the triple digits though. 

You might also find there are states where the property taxes are double or triple other states, the same is true of insurance.

If I pulled out $500k now my monthly payment would triple and I'd no longer cash flow, even as an STR.