If the existing tenants are indeed "good", and that could mean plenty of things like paying on time or they are just pleasant people, then I'd keep them with periodic rent increases upon lease renewal.Increasing the rent drastically can get you in to trouble and affect your relationship with the existing tenant base.

I have a Residence with a rental guest house, so I am having trouble finding HELOC options because they consider it multifamily.  2 Single family residences on one lot.

You become aware of some trouble in the next lane over on the right - what looks like a drunk driver drifting and swerving all over the place.

Most investments/business ventures, require a certain degree of upfront sweat equity to produce passive income.

I’m looking for any kind of guidance here.Thank you, Two separate transactions, I would not intermix the two.They are buying a building solely as cash producing RE.

And I like to own things outright - easier to sleep at night, since I'm the only income producer, but I know not always the best investment idea.

What I see in a lot of reserve prices is essentially comparable retail value... and what's the point of the trouble of an auction when you can buy off MLS at the same price with much more assurance. 

If you have trouble, there should be a number you can call.

So 1st:  Check NHdeeds.com, choose Coos county, and look by name and dateIf not there, go to the title company that handled the transaction, they will have everything you need.If you don't remember the title company or didn't use one, then yes, this is trouble. 

How can it be so inexpensive if it's actually producing income?