I’ve spoke to Lucas and ended up agreeing that in my particular circumstances - there wouldn’t be enough of a financial increase to outweigh the additional labor (Albeit as small as it would be).

Step 1: Increase income, decrease expenses.

Both condition and location will allow you to attract better tenants and better long-term financial performance. 

They rather are remarks regarding to nature of RE business.Some remarks:+ It looks like as OCF becomes more well-known and establishes itself as a more and more trustworthy company, prices are slightly sliding upwards (cap rates slightly decrease) and threshold to make a deal with them (initial price that you have to pay to buy a house) increases.

Here's a good rule of thumb regarding how lenders feel about credit scores for DSCR using our school analogies:- 680 (B-)- 700 (B)- 720 (A-)- 740 (A)- 760+ (A+)Every 20 points in either direction will increase or decrease your rate. 

The purpose of investing in real estate with your self directed retirement account is to increase the value of the retirement account, there are no taxes of Roth or deferred if pre-tax.  

With housing prices skyrocketing, the increasing cost of raw components and lumber, and labor shortages, the idea of owning a piece of income property is just not in the cards anymore for many individuals.

Cash Flow: Although not likely to cash flow, a 3% increase on $3K/month is better than 3% increase on $1K rental out of state.

The Rev Share from agent attraction is an OPTION that we have to make additional passive income on top of our commissions! 

Obviously I plan on increasing his rent to market value and switching utilities but hesitate increasing it past 20% due to the fact that during our walkthrough he seems like a solid tenant with a very well kept unit and even bought his own washer and dryers in the unit.