Since i plan on continuing to grow both my trading account and my real estate portfolio, aligning now with an accountant that can maximize my potential with appropriate tax shelter engineering is almost as important as my investments themselves. 

I'd be getting the cash flow arbitrage (I'm figuring about $40,000/yr) and growing with rent increases. 

Remember, when thinking about doing a short term loan and then a longer in the future, you'll have closing costs each time, so build that into your finances.

Happy to run different numbers for you, if you'd like and think that would be helpful.Radford might be another market to consider - growing campus, but not the same appreciation rates as Blacksburg, so the entry points to rentals are going to be consistently lower.

The BP podcast talks about sources for researching this, but I cant remember what they are.

I've got two parcels  (.37 of an acre total) centrally located in the pedestrian area of a small but growing town in Southern Oregon. 

You just may find yourself addicted to growing and learning!

I remember asking you something about it, but it escapes me.  

Remember to do some research on vacancy rates.

I explained at that time that i understood if they needed to go that route, but I explained that I couldn't maintain the rent that far below market.Fast forward to now and as more time goes on, they are growing on me as neighbors and so not only would i not want the wrath of the neighborhood if they are forced to move, i also would like to keep tenants that i know are great neighbors while i reside there.So all that being said, if you were in my shoes would you take an income hit and not increase the rent or only increase it by $75 or so in favor of maintaining a quality life with good neighbors?