The inherited tenants were both on MTM leases.  14 months now after closing on the property, both of those inherited tenants are now on leases, 1 of them signed an 18 month lease with a built in rent increase that went into effect this past June.  

Their purchasing power is expected to increase rapidly, with an expected $1.4 trillion in disposable income by the year 2020 (socialmediatoday.com).

Yes, as long as it is explained in the Lease that the increase covers the cost of the heat, but why not average it for 12 months?

Hopefully taxes don't continue to increase but not exactly optimistic about it.

I will model decreasing or stagnant rents, decreasing occupancy, and increasing cap rates.  

I like simple finishes like concrete floors.

I am in the process of having my personal home appraised with the goal of increasing my HELOC.

The flexibility of those assets can increase greatly if you leave your job.

Many of these scammers will sell you a property promising great returns, but it is not that simple and many times they do not produce those returns.  

My businesses is quite simple, I buy properties all over the country at 60% of as-is value from off market deals and re-sell at full value on the MLS.