By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

Household Debt Rose by $184 Billion in Q1 2024; Delinquency Transition Rates Increased Across All Debt TypesMay 14, 2024

After you've completed some updates & have reviews start to increase your rate.Feel free to reach out anytime if you have questions :)

However, that will likely lead to increased turnover and increased vacancy time in between tenants.

What is your Annual Rental Rate Increase look like?

Supply and Demand: When buyers outnumber sellers, prices and rents rise.Population Growth: Cities with significant and sustained population increases are more likely to see long-term rent growth.Job Stability and GrowthA property’s value is tied to the jobs in the area.

In most markets it is not a linear price increase.  

If you can or do trust your PM company then speed can increase and costs decrease over time. 

House hacking is a financial no-brainer, it eliminates you single biggest monthly expense, so you can increase your savings rate.

It has gotten increasingly frustrating to deal with inadequacies and complaints from my tenants as far as payment processing.