Have had the same tenant the whole time I raised the rent up to 1850 after the first two years.

It's entirely appropriate to raise and lower rents as/when needed for your own needs/reasons.

Will capital be tougher to raise?

For me, it makes all the sense in the world because my cash flow went up $156/month and I raise rent ~2% every year.

Hi @Paul Durham thank you for raising the question.

Example in LA you can raise rent 3% annually and 1% for utilities.  

Three years later the 2 units were up to $570 projected cash flow using 50% rule when they caught fire (because we have rent protection they are currently cash flowing the same $570 but the cash flow would have increased more if I could have raised the rent on tenants at their lease expiration - insurance pays rent based on the lease in place at the time of the event).As indicated, it could be a good purchase but it will need to be based on appreciation and not the initial cash flow.Good luck

I have seen a couple of sellers cancel negotiations until further notice.Equity will get easier to raise with the situation in the stock market.

Banks crash the entire economy, bankrupt millions of people, raise unemployment to over 10% etc etc and what happened?

It's all about your relationships, experience, track record or that of your partners and sponsors and the property itself.Raising big capital, like $20, $50 and $100 million raises is an art and a business.