This better be a turnaround play or I wouldn't buy it at all.Can you really raise rents AND make tenants pay for utilities?

Better yet, call your competition to learn what you have to sell that they might not (such as laundry hookups, large yard, whatever) and play on that the next time somebody raises a fuss about the electric heat.I would consider lower rent as a very last resort.

Families raising guinie pigs in thier basement trading them for home made bread with thier neighbors.

I want to purchase, update each unit, and raise the rents to market price.

I've read articles in the WSJ about tenants fighting landlords over raising rents and/or selling their properties for development.

The $250 a week came from my husband's raise at work.  

How do I raise capital?

We believe that our business is well-run: we have an in-house call center to generate greater sales, have have good revenue management policies for raising rents, we sell insurance, have a great website and access to sales leads, our managers are professional and well trained, and our facilities are clean.We are now seeking opportunities to expand.

I'm looking to sell it for what I can, but since rezoning it back to multifamily so that the current structure is usable could raise the value, is it possible to start a rezoning process while simultaneously marketing a property for sale, or in the case I find an interested buyer, could I sell it to them and then have them pick up with a rezoning attorney where I had left off in the process?

When we need to raise the rent, we just give notice to both the tenant and the public housing authority (PHA).