Due to the current market conditions pricing the home in the mid 300's we will soon be selling it to the current tenant to increase our portfolio diversification to a more profitable area.

But I think we all agree that it's easy to get burned in these midwest markets that are attractively priced.

I echo the comments, get to know the local laws and ensure you are not increasing your risk past what you are confortable.

Well, they could do any anyways, but having a BK on their file increases that chance quite a bit.It's possible that "back rent" may be discharged under a BK. 

If You can t grasp the concept of ConC returns with triple net leases you won t be able to minimize risk.Walgreens triple net leases a building and runs a retail business within the building trying to attract customers thru it’s doors.

Despite offering almost every amenity for an ideal vacation, my efforts to increase bookings through more than ten non-exclusive agreements with local property managers and continuous outreach to travel agents have not been fruitful.

The shorter the prepayment term has an impact on increasing the rate.4.

I honestly don't know the demands in the current market  SFR on the other hand, I can do an entry level home with an attractive price point on both lots,  New duplexes near this area in are bringing $1,500 + that I'm aware of. 

The house will cash flow but the property comes with a great newly built barn with a slab and all.Now when my brother and I both left for college my parents had no use for a golf simulator that we had in our garage so they offered for me to use it at a property.This would for sure add a lot of value to bookings but I cant decide if the $50 - $100 a night or so increase (just a estimate) is a better option than spending the 40-60k to turn the barn into an ADU / separate dwelling to add cash flow and equity to the property. 

Can I just wait till the middle of sept and make the rent much larger which will probably force them not renew the lease. or is there any other method to follow other than rent increase.