You'll actually lose a LOT more with it sitting 2 months than if you just listed it at the lower price in the first place.Hope you found this helpful -- being a new landlord is tough ;)

(There is a ton of info in the forums, just throwing this in as it is a concern of mine)-Did you buy sight unseen?

My name is Wendy I've been very interested in real estate for a very long time but I was always too scared to do anything I come form a long line of "oh no what if it doesn't work and you lose your money" family.

As a landlord, I would prefer not to lose an A+ tenant due to blind rent raises if I can legally implement such a strategy.

This would be my first wholesale deal and I really don't want to lose this deal.

But really, one loses much more than the $1200 to $1800 when that tenant being upset about rents being maxed out says adios, dude.

An ignorant investment that makes money is still an ignorant investment and over the long term ignorant investors lose.  

Richard: Corelogic provides host of services for mortgage servicers, on of which is monitoring of real estate taxes so that the mortgagee doesn't lose its interest by virtue of a tax sale.

@James DeRoest  to your point I have two good friends in Oregon that went this route against my pleading with them not to .. as I have extensive experience in those markets and with the asset class.. and they did not.one sold a fantastic 60 unit at a 5 cap which is what multi trades for here in PDX these are B's  and bought C class 300 units in Oaklahoma city.. not 8 months later she called me in a panic and wanted to have coffee.. they were ready to lose the building...

In an absolute worst-case scenario, which would I rather lose?