It is part tech so the value could also increase or decrease with any new updates.

My opinion is someone with a low net worth and good morals can take it in their personal name without issue and most banks require it.

Your opportunities will increase (choices of syndications) if you are accredited investor. 

Am I able to adjust (increase to current market value) the current tenants rent even though a contract is already in place with the previous owner? 

. $10K may sound a lot but that home increased value by 1.5M more so it is an investment.

This is important because it also improves the attractiveness of your listing and increases bookings.

If you know the parties that increases the likelihood that whatever happens ... happens outside of closing.Recommend you get up to speed on what is legit in your state and how to protect your interests.

I have read a couple of articles that bemoan that homeowners in expensive locales will suffer, however little to no impact to less pricey areas and a net probable boost to landlords.Live in flips will certainly be less profitable if the capital gains exemption increase from two to five years! 

My primary goal is to increase my monthly income so that I have more financial freedom to expand my small business. 

So we found a property that had great potential for a value add option by building out the attic and adding 2 bedrooms, a bathroom/laundry room and a loft that would increase the square footage by 800 square feet.