If not you need to increase CapEx to cover potential major repairs.  

Many see it as a sign of an area uptrend, but I just don't see the necessary population and jobs increase nor downtown revitalization to warrant this much of a rise.Note: sorry this may be a little more long winded than you were looking for.

Long term thinking will help you at the time of a sale and the time you owned will typically have increased in value. 

You should look into selling and reinvesting to increase cash flow.

I am looking to add leverage strategy in order to increase my innovatory of flips.

The area is growing and I anticipate rents going up as well as house prices, i don't want to bet on this but it does give me some comfort that equity will increase over the next few years.  

Earlier this week we distributed rent increase notices to tenants at a property we purchased a couple of months ago here in Kansas City.

One way would be to increase the rent immediately by the next month if its a month to month.

To us, we're happy with this because it's in a place where we think the house will increase in value and it's a place we plan to live in down the road. 

Alan Russell that’s normally not “problem solved” because under normal condition your estate doesn’t get “stepped up” for taxes on increased basis value when you do a title addition l, rather than a will which is the proper vehicle.In your case both are somewhat irrelevant as the spouse you get the house anyway unless superseded by the will.