Once you claim in on your tax returns then a lender will calculate your income based on a formula that takes into consideration the amount of insurance, taxes, mortgage interest, and some other line items on your Schedule E portion of your tax returns.  

I've increased my offer but I dont expect the seller to accept it.

Putting aside the fact I would never mail a yellow letter because of my model, you can do better than sending a mail piece since you are spending considerable energy building the list.Sign up with BeenVerified or Intellius to find phone numbers, e-mails, social media pages.

Could be things like...Short termCash on Cash returncash flow Deal sizePrice per unitLong termIRRTotal equity increase Cap rate at resaleWould love your insights on which ones are most important and what numbers you use as a minimum for each before you would consider moving forward on a deal.Thanks!

Plus we are on track to see the High speed rail come to Bakersfield in the coming years as well which will increase the population 3x within the next 30 years, as an estimate.  

Said without any consideration as to whether you should do it or not and depending on the laws of the particular jurisdiction. 

The banks will withdraw money and hold it in limbo for awhile-- they use this "float" to increase profits.

I increased the rent by 50 bucks.

I could increase the cash I have up to 140k since I could get some money out of my 401k and also trough some friend loans (I prefer not to do this).

It may take two years to execute, but you can cash flow during ownership and enjoy an increase in value from improving the performance of the property on sale or refinancing.