@henry r.I inherited a Sec 8 tenant in my first property that I also occupied, and quickly learned that it's similar to unemployment standards in that if you lose your job, you need to prove that you are at least looking for a job to get renewed.  

Treat the information as talking points (I even have had Realtors and builders try and by the info from me) until you identify all the players on your team (I mean a builder, agent or others you may want to work with).

We were still the lowest rent in town, so we didn't lose any tenants. 

Victor who runs it is a very interesting and intelligent person and the group there is mostly experienced players. good luck.

Hey @Dan Madden pretty cool having a pro Tennis player around.

If that was the case then the duplex would be better, on paper any way, but then on the other side the duplex is spreading your risk over only two units so if you loose a tenant that is half of your income, where as in a quad when you lose a tenant its only 25% of your income.

IE I am getting paid off so I see who the lenders are.. also some other players coming in areLima OneLendingoneand then you have regional community banks.. although in my experience with them.. is PG and full recourse is the norm.. or as @Mike Makkar  you have significant assets or liquidity in a company that they can tag.

You can be fined and lose credit access for failing to obtain proper authorization before investigating an applicant's credit history.

If you decide not to increase rents for several years, you will be losing value on your asset.Remember, if the market begins to decrease, tenants will expect you to lower rents.Gino

The one in Lakeland, FL that turned a ghetto house into $1500 cash in my pocket, the call from Kissimmee, FL that has a $10-25k flip potential, and one message asking to take their name off the list (which is better for me because I don't want to spend anymore money marketing to people who have 0% response rate anyways).Just be light and conversational to your sellers and buyersYou make your money on both ends of the deal, so negotiate the heck out of your seller's price (but be respectful and don't risk losing it) and use a realtor to give you true competitive comps on your sales price so you have supportive evidence for your price and cant get haggled too far down by your buyers, because they will try.Every cash buyer on my list wants their deals to be acquired at 70% of market value, including purchase and rehab.