First, I would raise the rent slightly higher than market rate and see if the smoker stays.

The sales price is contingent on the property appraising for the agreed-upon value in that given timeframe.The goal of subject to, for the buyer is to take advantage of your low interest rate, maximize profits to pocket as much cash flow as possible, and then, however, in many years be able to cash out refinance and pay your mortgage off in a lump sum to acquire full rights of the property.

Personally, my investment funds will be targeted elsewhere for the foreseeable future. 

5) Talk to experienced property management companies and get their feedback on areas, current rental rates, tenant base, etc.

I have one property that I bought last year for $475kCurrent value is $520kInterest rate 6.75%loan amount is $352,000 (I put 25% down when I bought it)Monthly P/I escrow is $2680Rents for $2400im debating putting 100k on the loan and recasting it. this will lower the payment roughly $650 a month and will make it cash flow.

Do I have to give downstairs tenants 90 days to leave and upstairs tenants 90 days at their old rate until I propose an increase?

I use Independence Title for all deals that I fund in Austin/Houston. 

Labor rates double the national average and General contractor markups of 25+%.

Don’t waste your time with the large banks, you’ll never get to the right person unless you operate a hedge fund and are going to buy hundreds at a time.I found small local banks work the best.

In a BP video, Memphis was noted for it's RTP of 1.04%, low tax rate, and "could generate 20% can on cash return" (though where they are getting these number, idk.)2.