What if they suddenly get rent control like Saint Paul Mn where you can only raise rents 3% per year?

. :-)If you think you have to do it, at least maintain control over the end product so you get a look befitting the place.

There are many factors outside of your control that could affect it.

In any area with any type of rent control make sure the current tenant is paying close to market rent or you might not be able to raise rent enough to ever catch-up.

At that point you control the costs, style, layout.

If staying alive is more important than earning a few bucks, I recommend you sell the investment property and purchase a single-family home or a duplex with totally separate spaces so you can control your environment.

Can anyone offer any advice on how you control your spending and keeping a budget?

@Nathan G.For reasons beyond my control, I was evicted from a home.

We have statewide rent control with eviction preventions.

Others will just tie your property up and give you false hope.Not sure where you live at or what kind of contacts you have in Baltimore but after answering the above questions and the decision was to sell the house I would probably post it myself in the local Baltimore Real Estate FB groups, BP Marketplace.If you are local stop in at the Friday lunch at Spirits and meet some of the real players in the Baltimore market.