Bonnie Henry.We are listening very closely whenever the governing officials mention the words: “Landlord”, “Tenant”, “Mortgage” or “Rent”.Just like the virus, none of us are immune to the financial implications of our present and future.But for Today, March 24, 2020, we are going to assume that you can pay your rent for April 1, 2020.We hope that you are paying attention to all government subsidies that are available.Currently, there are no subsidies offered to Mortgage holders or tenants directly*.

We also raised our security deposit insurance coverage.

However, it allowed me to discover the shady agent I was working with and how I was going to buy problems I didn’t want to pay for.My full time job rescinded my promotion and pay raise. 

Some of them even mentioned that they might even raise rates to as high as 14% (before, most of them did the standard 12%) in these troubled times which to me doesn't make sense at all.

Is there upside to grow rents through unit renovations or simply non-aggressive seller that never raised rents to market?

I currently have lender provided mortgage insurance LPMI, which simply raise my interest rate slightly and it can’t go away for the life of the loan unless I refinance.

I tried to raise money this last week on a larger deal and one piece of feedback I got was your second point.

I don't like either of those things in my unit so I am considering the following options:Option #1Ask both tenants to leave 30-days after I take possession of the property , renovate the units on the outside & inside (gutters, siding, interior paint, floors, mini-split units, ceiling, other miscellaneous things) then raise the rents to around $700/month each and look for good tenants (no smokers, no pets, good jobs) to put on a 1-year lease.Concerns: I question whether or not this is the right thing to do since the virus has many peoples struggling with their jobs and I don't know if its right to ask the tenants to leave during this "crisis" (they have lived there for 8 years and have been paying rent).

I believe (my opinion not trying to be political) Donald Trump and his cabinet will keep on infusing cash into the economy as they see fit to help raise the stock market. 

When I went to raise money this last week, everyone was reluctant invest because of uncertainty surrounding the economy.