And our taxes just increased  25-30% in January.

That’s a 6.4% increase.

It's always a challenge increasing rent in that situation.

Here is a simple case study of a recent loan:Amount Needed to bring loan current: $18,560Loan Payoff at Purchase: $77,426Acquisition Price: $41,500Property Value: $400,000We acquired this loan in April 2023 as part of a pool of 16 other loans. 

If you aren't bringing the subject property up to the standard of another comparable sale there is no value increase, unless it's a miracle deal.

Can you increase your personal income with a new job? 

And the property assessment would need to be changed, and of course, taxes increased, as well as separate utilities.

The value increase via kitchen/bathroom update is market dependent.

We both got in trouble for simple battery.

Now the tenant is ready to extend the lease long term, so is it still fine to just make a simple addendum to the original lease instead of drafting an entire new one?