So make sure you do ALOT of research and have a reason to substantiate the increase.

I am obviously passionate about this because my life would be completely different without his influence.

Worse case if renting is not working hopefully the rehab will be substantial enough that I can sell the property for a profit down the line. 

The PTFA defines a "bona fide" tenant as a person in possession of the property provided: - The occupant is not the mortgagor or the child, spouse or parent of the mortgagor;- The lease or tenancy was the result of an arm's-length transaction; and- The lease or tenancy requires the receipt of rent that is not substantially less than fair market rent for the property, or the unit's rent is reduced or subsidized due to a federal, state or local subsidy (i.e.

As you can see that is a pretty substantial difference.  

Our buy & hold (SFR, MFR & commercial) portfolio has appreciated substantially and it is an absurd sellers market right now, crazy not to sell as the cap rates don’t make sense.

However, the statement valuing any Property in US is misleading.Rental Properties are valued based on Income while investor returns are measured with either Income or financial modeling tools such as Net Present Value (NPV), and or Internal Rate of Return (IRR).You need to define the intended purpose of the valuation, limitations that applies to your data modeling.The valuation, number crunching is a tip of the iceberg and there have been so many demographic, judgmental factors that significantly influence valuation.

Property is substantially improved if, during any 30-month period beginning after the property is acquired, additions to the basis of the property exceed an amount equal to the adjusted basis at the start of the 30-month period."

The big influencers on social are still talking about forbearance and foclosures - if I do some napkin math and divide it by 50 States, that additional inventory (most will sell, not forclose) will not amount to enough to fill the market.How will we get out of the inventory shortage?

The third one I have already negotiated a price on and there would be a substantial amount of equity in as well.