I know stability is fantastic, but I certainly don't want a bad situation that someone has just dealt with or someone who won't accept any rent increases.

This tenant isn't doing anything illegal, but she constantly fights with other tenants, is always complaining and verbally abusive, and threatens to sue at the slightest rent increase. 

However, secured creditors such as a mortgage lender can seek the collateral to satisfy the debt.

I will continue to seek out vacant land opportunities.For the single family home, I'm shooting for something with 1% rent to purchase price around the $150k mark.  

Hello to all. I'm new in this game and I'm looking to purchase my 1st multiunit. I'm curious, what Cap Rate should I target for perspective units? And what type of things should I be on the lookout for as potential de...

I'm not a financial professional, so seek qualified, competent advice.If the property is in your name, the LLC / business entity structure will not protect you against lawsuits, etc.If that (mortgage deduction) is your criterion, however, you may want to re-examine your priorities.

Increase bids, or broaden targeting. 

I'm interested in ways to increase cashflow to buy more homes faster without making it a full time job.I look forward to learning from this great community!

Below is a breakdown of the financials at purchaseGross Rent (All 4 units rented): $3,200Purchase Price: $372KThrough necessary rehab, and knowledge of the market, I determined I could increase rents, find better tenants, and lower maintenance/my time dealing with issues.I purchased the property through a 203K renovation loan, with 3.5% down, 30-year fixed.

There might be other reasons for an increase as well.