If so, there is no equity left, you just have two levels of debt.If you mean this is an all-cash deal (no institutional lending) and you're bringing 20% and hope to raise the other 80%, then I'm not quite sure what you mean by "market rate"?

For awhile, I was planning to raise rent a little because costs for the unit have gone up a lot for a couple years, and I did not raise rent last year.

I'm going to maintain my wholesaling business in North Atlanta and I will continue to be involved in large multifamily/apartment syndications and private money-raising.

I can just switch it be my primary on paper but I live and work in NYC which is about 3 hours away would that raise a red flag when when doing taxes or in general?

We raised rent and only one person wanted to leave which was perfect because we needed to move in to one of the units anyway.

I am open to other creative capital raising methods except syndication.

I know I can easily raise them $50 each. 

I just plan on being more selective as well as raising my reserve amount to hopefully weather a larger storm.

We are raising the rents slowly to retain the long term tenants.So there may be some potential in this property if you can find a way. 

If the old tenants leave you can start fresh and raise the rents.