For the first 5 years, we made little to no money, and being in the hoods we were, very little to no increase in property values.  

Am I able to increase the rent?

It seems like these posts always lack in details so I will try to give the most information possible:Sale Price: $575k  Current rent: $6825 (this is topped out, no room to increase)Loan terms: 20% down, 20 year 5 year balloon  5.75% interestsManagement: 7%Insurance: $3200Maintenance/capex: $5000Taxes: $8900Vacancy: Using 5%Property is C class and in good condition (new furnances, roof, etc) No common areas.

2) Same for asking for the bank to increase the amount to be increased?   

I recently went under contract on a deal on LoopNet that cash flowed at a current 8% Cap Rate with a very easy value add that would increase the value of the property over $1.5M just by raising rents with out doing any rehab. 

If we are in danger of not having enough cash to cover our expenses, then we as owners add more of our own funds to the business and increase our equity, or obtain a loan to cover the need.We currently receive our rents through regular post, mailed to our local USPS office (P.O.Box).

Then any rogue court or judge it would not matter and increase your leverage and negotiation strength.

This can increase your learning curve, cut down or stress and errors.

Lubbock, TX is one of the best growing markets in Texas at that price range plus its a college town with an increasing number of students looking for student housing.

Both of us were found to be at fault because the magistrate believed the lies the tenant told, but also said the tenant could not repaint my apartment interior any color she wanted.