Rental rates continue to outpace housing values, which means the gap between income and expenses is notably increasing.

I also saw that when my debt to income got increased it wouldn't look as good with my current loan when I would need to look for another property to afford both.

So I would be in it $405k making $25k profits from rehabbing then profits from increased rental revenue.

I increased the rent from $600 to $625 and signed a new month to month lease with 3 of the tenants.

That money will create more wealth and pay for the increased interest times over.Best of luck and TYFYS!

And lastly some brokers purposely don’t advertise properly at least at first in order to increase the chances of double ending the deal.

I'm considering converting the utility room into a full bath but wasn't sure if it'd help increase rent and value as much as how much cash I'd put into it.

A $10k rehab creates demand for the unit, which reduces turnover, and increases the quality of tenant. 

Such documentation may include:  Closing statement when the property was purchased showing the purchase price;  Documentation showing the depreciation allowed or allowable, if any;  Documentation for any capital improvements and other increases in basis; and  Documentation showing decreases to basis, including any deferred gain from any prior sale(s).

He explained that if he kick his tenant out, the cost of a vacancy, plus cost of fixing the place, he won't make it back for at least 18 months, that's even with a rent increase.