This is purely personal preference, but I'd probably wait 6 months before raising any rent, and then just do it one tenant at a time (based on their renewal date or something) so if they do leave, you won't be faced with 4 vacancies :) Also - I would find out how much you can really get for rent from these places (maybe place some "test ads" on craigslist and see who calls, and look for comps, as you have.)Good luck!

I think if you are investing in real estate, you can still be looking for a quick buck, but you understand things can take some time to develop. compound interest is very powerful and if you are not in it for the long term, you will likely not be too impressedPeople are too emotional and probably log into thier stock market account too often and play off of those emotions. i am no different, but my stock market preference is dollar cost average for the long term. i do this through index funds and mostly retirement accounts. the stock market is at all time highs and while it had a huge crash, most people got scared away. as the stock market returned, people statring talking more about it. as warren buffet says and this goes for any investment. people want to buy clothes, cars, ect.

Having survived the last 5 years I personally have become anti debt so I prefer to create the cash flow now with minimal debt.

Hi All, Here's a scenario I would like some thinking power on.Depending on the choices I make, at the end of this year I may have somewhere around $60K-90K to deploy.

I would prefer something east side of Morris county.

If you do some searches here, you read opinions and individual preferences among these companies, pro and con.Lot’s to read about and to learn but you’re on the right track.Jeff

Like anything else, there are good and bad sides of all choices.

It wouldn't be my first choice but I wouldn't be scared to live there(before and after dark) by any means.

A lot of times I don't clearly understand that a choice had to be made, for example, about marketing strategy.

He as a PM had nothing to do with placing that tenant so he would not be saddled by a poor choice by a desperate or inexperienced Landlord, if he did help place the tenant(with LL approval and criteria of course) then his time spent on an eviction or whatever would be free as he had a hand if the tenant placement and therefor his job was to rectify the situation and get a new tenant in place as quickly as possible.