I not only help prevent a foreclosure which ruins your credit, I increase their credit by paying off their mortgage of a house they (more often than not) no longer want.

My attorney advised that I could put up a non-refundable option fee for maybe $100 - $500 dollars for a period of time that goes by and then increase for each # of days that goes by in the contract, so for instance:(Option Fee - not Earnest Money)$500 give to seller 3 days after contract is signed.If close hasn't happened within 15 days, give them another $500.If close hasn't happened within another 15 days, give them another $500. 

Tenants tend to think “automatic massive rent increase” when they hear a property is for sale.

A lot of the increases in market value and cash flow were earned through sweat equity and a lot of hands-on-work.

If she finish up the garage (which will increase the property value thus higher property tax), let's say maybe the rent can be increased to, say, $5500/mo.

So I bought a property in 2017 and the previous owner held it for 20 years my property taxes increased about $1,400 a year for that property.

The previous management company of  a property I purchased did not cancel services with a snow removal company upon the sale of the property and subsequent change in management ( it is now owner managed).  

Couple that with an increase in rent that im sure you would implement a few times within the next decade, I think the longer you can hold onto it the better.

First, you can't take advantage of the economies of scale like you can in a bigger facility....meaning that as you expand, your revenue will increase faster than your expenses which will have a positive effect on profit. 

@Kevin Pistole rates have increased nearly 1 point in the past 30 days.