Anybody hear anything about changes that might be on the horizon for us non-accredited investors?

I believe over a couple of years I will be able to get my current tenants at least to the $1500 mark.Jack, that is my dilemma....I have a tremendous tenant that is paying off the vast majority of my mortgage, I am hesitant forcing them out if they can't go any higher, only to find myself with a crap tenant down the road (to me the additional headaches of a bad tenant aren't worth 200 a month).As far as CAP EX goes, the only big expenditure on the horizon is the roof, which has 2-3 years left on it. 

So may be some hope on the horizon.  

There doesn't seem to be anything on the horizon that would stop that growth but of course, "predictions are hard, especially about the future".  :-)   Rents are very high right now and in most cases a mortgage is considerably less per month.I and my clients are buying in a growing area of Charleston right now and we have faith in it for at least another 3 years.  

However, I would suggest that if you are applying CAP rates to residential property and think that the only way to make a profit is cash flow day 1 at retail price, then you may consider educating up and expanding your horizons a bit.

Have you spoke to Horizon?

A major change is on the horizon!!

For instance, a plumber, carpenter, etc.When you get higher up on the ladder of your business, you then start to do things like manage your subordinates.Above Managers, you must then give reports on the progress of your department, milestone achievements, projections of revenues and income, etc.Above Managers, the CEO level, your vision decides the overall direction of your business.I believe every Investor needs to think of their investments a business and you are the CEO driving that business forward with your vision of the future.You should NOT be a specialist, you should be a Generalist that can gather information such as what is the future migration of people in your area, what is the city planning doing in terms of re-zoning, are there any large scale developments that can affect your business (ie... if you are a mom and pop retail store, Walmart will put you out of business), is there a recession on the horizon?

I know they are doing a lot of re-mapping at the shore as well.Any guidance of what to look out for are far as future rate changes on the horizon?

Of course I understand he wants me to make an offer so he doesn't feel like he's wasting his time and there is some money on the horizon for his work thus far, but I'm kind of stuck as to how to proceed.