Most tax professionals do not advise their clients to utilize this approach and it may raise concerns under IRS examination.

Rent increases might have been tough, will be interesting to hear of your success here about raising rents.   

It would be hard to raise the rent a ton on existing tenants especially if they are close to market rates. 

That would raise suspicion to me that they are not paying their appropriate taxes but I would check with your CPA about it.Using your money without consent, that is also a problem but that maybe part of something you signed.Frankly it isn't that much of a hassle once you get rolling.

I am a local Cleveland agent (born & raised) & work with one of the top PM's here.

Quote from @Chris Seveney: @Jay HinrichsHey now :) (haha we have 700 investors)It can be done but you need a dedicated person to do it and make sure you budget for it - spending all your time raising $ for other deals and on the podcast circuit takes away focus.

I get the new bill and Safeco raised it to 6k ..

Payoff debt, Streamline loans, or grow rental portfolio.There are many ways to raise funds for future projects.

If not , I dont want to raise the rent, due to I dont want the tenant to have to pay.any suggestions 

But, the situation you spelled out raises a lot of red flags.