Rent can be increased annually, but expenses also go up (hopefully at a lower rate).

After the interest rate hikes of late. 

I have a tractor and have successfully fed wildlife before doing this.However, there is not a lot of margin to make a profit as I see bare land selling actively in MLS listings for $2-4k more than what it will cost me to buy the tax sale and do a quiet title search (likely $3k apiece). 

I received a 6% return rate, and had a chance to purchase 4 properties.

If not, what have you seen success with?

@Jason MerglI would either sell and do a 1031 or I wouldn’t do anything- yes you have untapped equity but your borrowing rate is going to be greater than the cap rate so you will have negative leverage.

Katy, TX - a suburb west of Houston with close proximity to the city and good schools, as recommended in this forum.5.Montgomery County, PA - I am interested in this location due to its strong economy, high-income professionals, excellent schools with an average rating of >7, and good proximity to downtown Philly.public data shows low crime rate in any of those areas, is that accurate?

Offer to pay their hourly rate to sit down to answer your questions.

I hope the number of homes for sale increases in the next few months along with a slight decrease in Mortgage rates.

Rents have increased slowly (not a ton of growth there), but we do have cash flow of about $1000/month & its locked into a 3% fixed rate.