Or is it calculated daily and the base rent increases after 10 days when the late fee hits the account?

These increases will likely slow to pace more in line with inflation.

Think of vehicles like the cyber truck where you need to sign up ahead of time to pre-order and so many people want it that the value increases shortly after they are released.

In beach markets, in ground pools tend to increase revenue 20% or so. 

After you've completed some updates & have reviews start to increase your rate.Feel free to reach out anytime if you have questions :)

We offer a $200 referral fee, and have been considering increasing it. 

You can likely do this with your savings rate (that will likely increase) and age. 

We have a property management company in New Jersey where we make some of our best clients hundreds of thousands of dollars between helping them force appreciation, increase cash flow, finding them deals etc.

Also, watch out for any litigation or construction issues that could lead to HOA fee increases down the road.Alternatively, you could consider a good deal on a single-family home or a 2-4 unit property.

When you pay cash for a $400,000 home and rent it out, your rate of return will likely be less than 6%.You could invest in stocks and earn 7% or better.You could put the money in a high-interest savings account and earn up to 5%.I don't understand why anyone would pay cash for real estate, erasing many benefits that increase the rate of return, while exposing themselves to the risk of loss (turnover costs, bad tenants, capex, etc.).