We will still be in positive cash flow on the rental, and the added interest savings from the refi's will give us an additional $16K per year.

As mentioned, Craigslist is a gold mine.

I spent time in a hot tub at the YMCA while I was reading a few books to include Diary of a Hedgehog by Barton biggs and another one by Eric Sprott on gold manipulation;) I came home played with 7 year old boy then ate lunch Chicken Tika Masala bless my beautiful wife.

I'd recommend adding "Austin" so you'll be notified when people talk about your local area.Welcome Manzur!

Collections added their 30%.4 years later the GF threw him out & we were informed he paid us off completely to rectify the hit on his credit.

I added 25% of rent for management, vacancy, and repairs to your expenses.

Post a ghost ad on Craigslist for this property.

I felt like the market could not withstand all of the added units and would be over saturated, however, that is not the case according to research.

(ie. find the value of adding a 3rd BR and find the value of extra SF)-You could estimate the rent premium of the 3rd BR.

You will usually automatic raise value to a house by adding rooms to a property or adding square footage.