.- Increasing Demand Across Age Cohorts: Boomers downsizing coupled with a growing number of Americans who can no longer afford to rent or own traditional housing continues to drive demand for MHC - see chart below.- Limited Supply: Only 10 new MHC sites have been approved in the U.S. over the last two decades - see chart below.- Downcycle Outperformance: MHC is the least sensitive property type to negative changes in GDP - the average stay in in MHC is 13 years, unheard of in residential real estate - resulting in stable predicatble cash flow with an ability to consistently, yet responsible increase rents.Lastly, a quick glance at some MHC investors and proponents:Warren Buffett is a significant investor in the MHC space, favoring the sector for its stable, predictable cash flow.

Focus on making money and increasing your high-income skills. 

They rightfully believe that no one will care more about their property than they will and they are able to increase their profits by not having to pay property management. 

Please do keep all of us updated with progress increasing the rent, etc

We bought our first local rental last year and probably paid too much, but the location appreciation will be nice in the long-run, and we just re-up'd again with same tenents while increasing their rent. 

Once everything is added together there will be a 1% tax rate added to that amount.Let’s look at an example.A home purchased in 1990 for $100,000 has a base value of $156,000 (from Prop 13’s 2% increase).

The tax increase is probably going to kill the cash flow. 

Did your income increased being self-employed?  

@Anthony Dooley - If I could put in $5k to increase the annual rental income by $2.5k and increase the home value, why wouldn’t I?

If you buy it, you wouldn't be making a mistake because after the current tenant leaves, you should be able to freshen up the place and increase the rents.