This 100% what's happening, and when the wealthy create a larger divide it becomes a scarcity play for typical Rupert and Lolita.

@cWill Gaston has alot of college rentals he may have some experience.

Appreciation seems like the only play here.

From my experience I would avoid it as a seller unless I was getting a large down payment, a larger purchase price, or a higher than market interest rate. 

Is there a step up in basis for the husbands half of ownership, will there be a $250,000 or $500,000 homestead deduction, and are there other mechanisms in play that I may not be aware of?

I've done it, and so I believe I can say something useful about it.You mention in your profile that you have 20 years of experience as a contractor.

I have previous entrepreneurial experience.

With that said, there are factors that come into play there.  

You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Hi,Does any have experience with increasing the rent to the max allowed for an existing cithfheps NYC tenant?