Firstly, I expect your SAVINGS regime to increase dramatically!

If you took cash out you could increase returns.

Property prices in Prague experienced about 10% increase in prices for last year so I hope to "catch the wave" and sell it while the price is still rising.

I think that just looking at that in general will open your eyes to what the reality of your purchasing position is.2) Within the areas where those properties pop up, determine what units/locations will attract tenants that you would like to rent to.

Just increase your iso or change the aperture.  

Working with web and app developers to create best-in-class management tools that drive down costs, streamline processes, and attract and engage millenial customers.

For example, if I have a commercial space that I would like to attract a music school, I will pay a virtual assistant to do market research and provide the names and emails of 40 local music schools. 

I've been thinking for a while in working for myself and increasing wealth instead of just money.

I imagine that the length increases by some amount, but I doubt it would be a full year since many tenants feel fine riding out a month-to-month lease until they decide to leave.Do the downsides (forfeit of owner ability to increase rents after the year and potential to get stuck with a trouble tenant constantly calling for minor repairs) compensate for whatever this additional length of stay is?

Besides debt service will your expenses increase against the new gross income?