Welcome to the forums, and glad to see you heading out here to Colorado! 

These can vary substantially within even a short distance, but it can understand quite considerably over a long period if you choose property carefully.

I guess that's the first question I should get clear on - if we could use that history to qualify.I suppose the heart of what I'm trying to wrap my head around is this hypothetical:I acquire a property for $1M that has a NOI of $150k. 

In that case, there may not be enough history to substantiate income.

I'm very new at this REI journey, but after years of living in the spectator seat, I'm jumping in head-first.Thanks in advance BP community!

I Keep finding myself at the edge but scared to jump in head first.

I want to try and learn every part of the process and play it out in my head so I am better prepared.

Not for nothing but why is it heading to small claims court?

It’s either what Colleen mentioned or it isn’t a low flow shower head.

I'd say we have at least $360,000 in equity in it as I write this (based on estimates from Zillow, Redfin & realtor.com).While we're planning on increasing the rent for the next term if we keep the property, I'd like to learn how I could leverage this equity into substantially more monthly income with little to no out of pocket expense and no capital gains taxes.I have no experience with loans other than FHA or conventional on first or second homes, although I'm vaguely aware of alternative financing methods (asset loans, etc).Any advice on how to turn that equity into substantially more monthly income?