So renting it out would be difficult, the whole idea is to increase principle so I can break even on rental / mortgage???

Again, they are still hard to find but just use that term and it will increase your odds of finding one.

If your plan is to increase value and sale after 5-6 years anyway then the principal pay down won't likely be a big part of your business plan.

If in 10 years the rate is 11%, you will have paid down your principal balance significantly and likely inflation will have happened, so your rents will have increase (and expenses), resulting in still solid cash flow. 

We increased the NOI from about $15k to $17k as well.

Also should i look at multiplexes to increase income or start with a single family home?

I’m considering investing outside of the bay area since values have increased tremendously and I can’t see how it could go much higher but I’m looking for your advice on other up-and-coming markets preferably in the western US that may see significant appreciation in the coming 5 to 10 years.Thanks!

I'm sure that some will not be able to pay the increased rent or will not qualify to rent under our company's guidelines.

We are both searching for avenues to increase our active and passive income in the Denver Metro area.

I know this is AFTER you are already done with a client (since you work on the front end of the loan), but if you contact the loan servicer holding your note and ask them to remove mortgage insurance (knowing that values have increased), they often refer to Zillow to give you an answer.