Because of the prohibited transaction rules, doing so could be a violation of the rules, or at the very least, would limit your flexibility with the investment and increase the chances of a prohibited transaction occurring after the investment is made.

If they do this correctly they can do it with multiple properties and keep increasing their wealth.  

The lease is month-to-month.I’m looking for a recommendation on how to increase the rent.

Inherited tenants increase risk, as they were not screened by you.

Zillow estimates an 11% increase in home value.

I enjoy my profession but i am very interested in trying to increase income without having to work more.

I have already got notifications from vendors to expect price increases starting Oct 1st, 2018.This will have an impact of all aspects when flipping, renovating and maintaining rentals. 

Focus more on building personal savings and increasing income (is there a possibility of picking up a part time job?)

Once you are certain about the numbers on it and it’s truly a great investment, go back and increase the HELOC you already have and use those funds.

I'm also actively networking with others to increase my funds/passive income by partnering in deals, providing income, working extra, whatever I can do.The point of all this is that I am approaching it like a business.