I would raise there rent to full market (they are not good enough tenants to deserve a reduced rent) and mention the filth being unacceptable and liable to attract insect/rodent infestations.

Even if the roof repair is covered by insurance, is it best to avoid it for smaller things to avoid increased insurance premiums?

I would like to increase it if possible.

I have seen an investor pay 8k in closing costs to pull out 20k equity, so he only netted 12k and a $700 a month increase in payment.

I have seen the number increase dramatically before in other situations.

We even plan on having our wives involved increasing the number even more.

@Jordan Smith I have not personally went through it but I think it is a great way to get started, especially with the recent increases in prices we have had here in Pittsburgh the past few years.

Appreciation is gravy and you will get that with improved operations and increasing the income.

It’s a small town, so values probably have not increased as rapidly as metro areas.

Leveraging will always increase your returns, in my opinion.