Don’t wanna do a rent increase incorrectly, or worse make misteps with late payments or problem tenants. 

If I put some upgrades into the house during my two years occupying it, I could increase both the equity and rental value.

I see that in the calculations you didn't plan for an increase in rent after the reno.

As an exercise, I would be curious to see what other MSAs and counties have seen increases or decreases, along with their tier designation.

@Emilio Garibaldi JrI would talk to her and give her some options :1 - She can continue with the property maintenance as agreed upon 2- You can call a mowing service for her and she can pay for it 3 - You can pay for the maintenance and increase her rentLet her pick what works best for her but either way your lawn needs to be done .

At this point, I would pass on this investment unless if you have a way of forcing appreciation (increase the value of the home) and therefore increasing rent.I hope this helps!

Homes priced below $300,000 in the Valley are selling fast now, often on the first day they are listed if the house is in good shape and in a popular neighborhood.But agents have to work harder because of the growing competition.A buyer looking to pay $300,000 or less may get outbid or lose out to other buyers who make offers faster.

Also, the area is in rural Georgia, but there's been +30% population increase since 2010.

It should increase the value enough where most of my original investment can be pulled back out.

They will need to become more stable and as easy to use as a credit card, then we will see their use greatly increase.