I usually give the existing tenants 60 days notice so they have ample time to find a new home but beyond that, it's purely business.I do not recommend staggered increases over any stretch of time because that just delays the inevitable.

I would like to cash out refi and have ample funds available for another, hopefully larger, project. 

They kept the house nice and allowed us to ample access to show the home.

They are very informative, and contain ample information. https://www.biggerpockets.com/blogs/

They are very informative, and contain ample information. https://www.biggerpockets.com/blogs/

I would encourage to seek the person who has the knowledge and skills you want to attain...those are the best mentors.

hello matt,plenty of buy and hold opportunity in the city. those numbers you're looking for are very attainable. however, getting to the point where you know enough to be successful is a very long process.

The FHA route is more attainable with duplexes, a SFH renting out rooms, or with lower price tris/quads (which I'd assume wouldn't be the quality you'd want to live in.Also, consider that if you are living in the property (whether it be 1-4 units), you could still get a convential loan and pay less than 20%.

The next phase of your investing may have to extend out of state, if the housing cost are to high in your immediate local market, their are ample markets where housing is very affordable and investment opportunities can be very fruitful.

Through your wisdom you will gain ample knowledge here.