Been asked on BP a million times...... quick raise to market or slow raise....no "right" answer....Its a balance..... big rapid jump often induces turnover...... and turnover costs $$ in the short term (rehab cost vacancy etc) but cant pay off in the long run..... getting to market faster recoups that expense for the rehab and vacancy etcSlow, smaller increase keep the tenant and reduced the short term expenses but doesn't maximize the return over the long haul necessarily......As stated before....make sure you are comparing apples to apples..... a lot of new landlords think their old beat up place will rent for the same as the nice new places just because its the same bedroom/bath/sq footage as the ones they looked up......Do they math.... if you can rehab it cheap and quick and jump up a lot to market, then you make you $$ back fast...... but don't fool yourself into thinking that always happens

Actually, part of the beauty in a long term strategy (10+ years) is that you can factor that there will be a recession at some point in your hold and therefore reduce the need to time the market.

Granted, if you are able to select your own tenants and don't have to work with inherited ones that come with the property, and you can afford to have the property managed by a third party company, things can get a little less stressful.

So lots of big boxes have been reducing their footprints down lately.

The goal is to spend the next couple of years massively reducing your monthly expenses, thus massively increasing your net income. 

Regarding property management, I'm hoping to be able to either find a property management company or offer reduced / free rent to one of the tenants who is able to be my maintenance person and I would essentially manage the properties myself. 

The code enforcement team has been on my side since the beginning to help me and the seller get the property back into compliance, so we can appeal to a magistrate to have the liens reduced.

I hate to sound real ignorant but this one is bothering the heck outta me...matter of fact I'm so stressed out I can't even think clear so I need yall help with clear thoughts.Background : I recently sold my personal home.

I want to structure it in a way so that we are paid back so that the loan balance can be reduced quickly.

Here is the problem, back when you were worried and stressed you were grateful that they helped you through a hard time and now that the worry and stress is gone you think you were taken advantage of.All that being said, I would talk to an attorney.