What percentages do you use or what other factors drive your rent increases?  

We rented a beautiful 3 bedroom home on the esplanade & the guys who owned it were 30 something plumbers into real estate investing & they were carrying over 3mill in REI debt.

Since REI (buy and hold) can be a long term investment for many (5,10,15+ years) I believe it's imperative that you factor in time value of money into any analysis.

Again living at the location, so please factor in that Nashville has a strong sellers market and I do not want to live in a bad area or really far from town.

I thought with the beautiful reno and the price per foot I was asking compared to all the comps that it was a total win.

If you need to factor in property management costs (around 12%) for a rental, do any of you look to make up the difference somewhere else in the deal for a property?

One of my criteria is to get at least $150 cash flow a month on this rental, so I'm worried/curious to see how this increased mortgage payment may/has affected cash flow (leaving out other factors I need to account on the income and expense side). 

What are the important factors I need to consider when buying a co-op?

Another factor is the rental prices aren't making sense, while still continuing to rise.

Hi @Anthony Russell...I like the creativity.I believe IRS rules limit 401K loans to $50K (total), so I assume this would be a limiting factor for you.