Chasing the last dollar is the most expensive.I only raise rents when the property turns over.  

@Logan JonesWelcome to Biggerpockets and good luck chasing your dreams in the Real Estate world!

Ambulance chasing attorneys know their way around and can legally navigate around Insurance Policies.

The reason is even if contractually we are obligated to it per the contract the seller could spend the money or we have to chase them for it in court to recover.

Thank you for the feedback and good luck for your chase.

Instead of lowering the price, they throw it in auction and count on a bidder or two lose their minds during heat of the moment deal chasing.   

, I'd be ok paying off rather than chasing down maximum ROI.

Most major banks, (US Bank, Wells Fargo, Chase, ETC) will have an unsecured $10-20K line of credit available with a quick application at the bank branch.

I've got some experience chasing campers away.You simply can't host them and maintain a rental that you would be proud to own.The approach I took was to keep the area as well maintained as possible.

Out of state investors also need to think about the exit strategy rather than just chasing the high yield (Crap rate) in a market with very little potential for growth and appreciation.