Sounds like it's in pretty good shape, I would leave as is.

As cliche as it sounds' "patience is a virtue".

She said it was because she needed help which sounded reasonable so I didnt increase her rent as stated in the lease. 

Having access to your private lender is awesome and sounds like you got some excellent terms.

We started watching the webinars and signed up as a Pro Member in December and #BiggerPockets provided sound knowledge to go from zero to six properties in less than six months. 

It sounds like after 4 months you now have another place to live.

Hi @Jay Phillips,Sounds like we have a lot in common!

If they are, have your friendly, direct screening questions available immediately bc you want to sound knowledgable and progressional.

Or try 700 because I know that average rent in my area is 6-700 for house in a little worse shape and older than this one.I also talked to a tax person and it sounds like you depreciate the purchase price over 27.5 years instead of just the assessed price so that helps.Do you guys think that having a higher rent leads to better tenants in an area that generally charges less?

Julie,I believe your plan to be sound. 15 v 30 is really a matter of preference.