Your mortgage payment will increase and now you’re in more debt then when you started.

In my area I have seen an obvious increase in signs being posted through out the city saying they will buy houses fast and with cash. 1) Does this mean that my area is becoming a "hot" market?

buy more units to increase cash flow, do needed repairs and save for a rainy day

The rest would fund buyouts and elevating buildings in low-lying regions along the coast.Recently, the official total Harvey damage estimate was increased to $180 billion.

As for appreciation, we see that the market is slowly starting to creep up as the economy starts growing again and FDI is increasing.

Cost segregation typically increases your cash flow by approximately 3-8% of the total cost of the real estate assets. 

Rents increased as well, and I jokingly told my dad he was charging me way too little.

I am from the area originally and am looking to invest now and increase my investing once we get over there.

Use the cash for a good landscaper to increase the curb appeal.

The downside is that the rates are generally going to be higher than a standard conventional mortgage (aside from an introductory teaser rate) and the rate is probably variable and will increase as rates continue to move up.2.