So to recap, in my pretty house model, doing a wall to wall rehab, all floors, kitchen baths, walls will allow me to set a record on the rents, and when it comes time to advertise I attract the tenant with the higher credit/income and  I would like to add that in March I closed on a SFR in Embassy Hills Port Richey for $51,000 A 2/1/1, 1100 SF.   

If you are discovered, as a few landlords recently were, you could not only face a lawsuit from your tenants where they could recover the increased rent they paid, moving costs, etc., but you may be liable for punitive damages. 

It's supposedly the best building in the complex, and all-in-all fairly clean, attractive and safe.Situation:There are current tenants, a family who has been there 7 years who do not plan to leave (his elderly mother lives next door).

I am definitely a "do-er," and I was first attracted to REI through articles on flipping, thinking to do a live-in flip and do what work I could myself.  

If someone buys your LLC, as opposed to the actual properties, they will assume your Current basis, and depreciation schedule, which will increase their taxes when selling.

Electricity is more expensive than gas and the savings in that make it more attractive to your tenants.

The housing authority insist the HUD limits prevent them from paying my requested rent or even increasing it at all, while the other authority had no issue entering into a contract for the requested amount.

What I like about this deal is, the major cap ex's have been handled, and there is still meat on the bone to increase the cash flow by filling the vacancies.

I just spent an entire day working with individual contractors and picking up supplies, and this is getting harder to do with increasing job responsibilities and planning for a baby next year.

People respond better to utility passthroughs than rent increases.