Yes it's very nice.I started to have a head ache...I wonder if they are legal residents...It's not a war zone area, probably very nice people who work hard, some of the residents do not have vehicles, but the building is only 3 blocks from a major road with public transportation.The numbers do work.But I doubt I can raise rent without upsetting the dynamics of that group.I also don't think these tenants found this place online, it's word of mouth.Something doesn't feel right.

Start with the exteriors and curb appeal, then raise rents a bit.

There is also a high water bill that is still being raised which also hurts during vacancies and buy and hold.

Most follow small banks who keep loans in house use conventional guidelines so if they need to they can sell the loans to raise cash.

It the city raises property taxes to pick up those costs it raises everyone's costs.

It would cost you very little to do this and you already have the workers there already.Tell them you are not going to raise their rents but they will be responsible going forward to pay their own gas bill.

-Hang license with smaller brokerage in my area (Already chosen)-Raise PM for rehabs ($500K)-Rehab 3 houses (net $75K from total profits)-Find 5 others in my area who are consistently rehabbing SFHs to expand my personal network-Systematize my Rehab business-Keep any and all panic attacks to a minimum :)

Like I said, I believe rating rentals is subjective and relative to where you are, where and how you were raised, and the people are comfortable around.

What about raise rent maybe $100 now add $50 to the security deposit and leave room to increase rent for later?

If you are in the unfortunate position of having virtually all of your total IRA assets in real estate, you will have to sell (at least some of) the real estate in order to raise the necessary cash to make the distribution.