In all honesty if you know about the basics of why investing is a good idea for your future rather than wasting money on liabilities then you won't need to hear a lot of the lecture.

Sean,I would front load any scheduled increase: $75 first, then $50.I would also check your local tenancy laws to see if you can raise rent on a long-term tenant with that short of notice; here we would have to give 90-days notice.

We are about to make an offer on a couple notes that did not include a credit report on the investor who bought a loaded rental.

They end up wasting money on holding cost because ppl will not buy that house. 

A lot of experience is not necessary, though I must stress if you are not open minded to trying different approaches to an investment scenario please lets not waste each others time.

ThanksAdam You could go the heloc route but that would most likely necessitate a appraisal, other wasted fees.Have you looked into a unsecured business line of credit?  

Don't waste time tying to force a deal that is not going to happen.

I figure - why waste my time if this person cannot even afford to live here?

Loads of great information, and people willing to help. 

If they won't work with you/the bank ... it's a waste of your time.