My PM also informs me that I can only ask for a rent raise ONCE per year.2.

Then if you had an emergency repair you needed to finance, at least you know that capital would be returned to you in the short term, and is earning a nice return, usually 8 to 12 percent.

Justin Seng you need to have the mentality that 99 percent of all reasons tenants give you for not paying rent or paying late aren’t valid.

Most of the people on BP that I have seen aim for $100-$200 cash flow per door. 

Personally, I shoot for a cash flow amount of $500+ per door.

Everytime a major bank gets hammered on the market and the stock tanks, I buy blocks of the stock like I did with Bank of America at $10.05 per share, it's tripled in value, when Wells Fargo stock tanked I see the upside of the company selling a stock for $51 that will be over $80 in the next three years and these all include Dividends as well.Diversification is the key for overall success.

The company makes around 200k per year in gross revenue.

I averaged out similar properties cost per square foot and the avg is $1.24/Sq Ft. ......

That is before early payoffs which can increase your return to over 60% per anum.

Since I only put 3.5% percent down and have only owned it for two years, I definitely don't have enough equity in it yet to tap into that.