That's a big gap with not a lot in the middle.

Hi Petr I am from Santa Fe as well I am a realtor but also a property investor I currently have 2 long term single family rentals a fourplex of apartments and am in the middle of a flip.

Maybe that’s a good middle ground. 

I'd be willing to bet they will buckle and take the offer or meet you in the middle, or at most you will just lose your security deposit but still get to walk on your lease.

I would qualify them as the few middle to upper-middle class individuals that still exist, but are trying to leverage their way into the 1%. 

I am thinking to meet in the middle for now -  that would be a $110 instant increase -  and tell them that there will be another increase in 9-12 months. 

We've got 2 single family rentals and are currently in the middle of our first flip, also in Ypsi.  

Upstate NY has some cheap houses but high taxes, hard to make the numbers work.Here are some negatives I would be wary about:- High property taxes or tax increases coming down the pipe (like Chicago)- Increasing unemployment- Bad school districts- Confusing / inhospitable zoning- Declining tax base (ie middle-class people are leaving, not coming back)You want to become the self-fulfilling prophecy for a market in which you invest.

Consider other markets near the city to gain some experience at lower rates - there are many up and coming areas or areas that are in the middle of a turn.  

I have heard about a lot of Chinese, Japanese and Middle eastern foreign nationals investing in US real estate.