I inherited tenants who are on month to month lease when are purchased multiple SFR in central valley CA about 6 months back and after purchase I pass on Sewer and water bill to them (old landlord was paying for that too )I have two question :They currently pay $650 as rent and going rent in area is $850 and rental demand is high and I checked there is no rent control in city, what is good way to increase rent and how much (I am planning to increase rent by $75 to 100 and indirectly I already increased by $50 in sewer and water bill as I mentioned above).These is a lease clause where I need to maintain swamp cooler installed on roof , I want to remove that clause too, what best way to approach this, so I am in compliance.Additional note : these tenants are on month to month lease but living for over 3 years and ent in that area is increasing consistently.

Wholesaling is a sales and marketing business....mostly a marketing business and you have to have a marketing budget for at least 6-12 months if you want consistent leads month after month.

Figure out what you are willing to deal with and always be consistent.  

I have no idea what our holdings will look like by the time I'm confined to a wheel chair and tube feed??  

You need fat margins to make money in real estate on a consistent basis.

Is poker playing really income, let alone consistent steady income?

You might say you pull credit.But don't go into what qualification requirements are, you ask the question they give you the info and you figure it out.To avoid giving details, I say all things are considered and weighted according to requirements.....almost like you feed the data in and the man behind the curtain figures it out.When you start giving out what you look for or what ratios must be, then if they are trying to cheat, give fake info, now they have the standards you need.

This is a data feed the bureau pays to receive.

He's been living there for 3 years, and my water bill has been consistently very high that entire time.

While exciting, I found it difficult to think about our future consisting of just managing rentals all day.