So if prop 33 passes it will be possible to cap rent increases from one tenant to the next.A recipe for blight.  

This eliminates the problem of increasing your debt and damaging your credit score.

In Portland for example we are not allowed to increase rent more than once in 12 months, and it must be less than 10% increase in "effective rent".

I'm not sure by how much your rates are increasing but I have friends in NOLA who have seen a 2x increase per year.

I focused on adding modern luxury amenities to increase the property’s appeal to the high-end market.

I've added a few things for very minimal cost that guests really love and increased revenue ~34% year over year.

Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

The BEST method for real estate investing is very simple: increase earnings, reduce expenditures, save, and invest from your own funds.You should focus on increasing earnings and learning how to manage your budget.

Who cares about lifetime interest costs, except to the extent you can easily lower them (refinance to a lower interest rate) to increase your cashflow.

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.