Another reason to raise rents if you go to sell the property it will be harder for a new investor to get a DSCR loan because the rental income is not high enough for the purchase price. 

Quality are commanding high prices. 

Hello! I’m a new wholesaler working a lead in Palm Bay FL where seller finance might be the best solution. I have a list of cash buyers that are flippers but im not sure of any buyers in FL who would take interest in ...

But, it also means more work in managing, tricky loan processes, higher start-up costs, and the risk of market changes.Lubbock, with its high need for rentals and low-cost living, is a top spot for duplex buyers.

This increase in dollar volume underscores the robust demand and high value of Miami real estate.List Price Success: Sellers received 97% of their original list prices on average, maintaining a steady rate from last year.Speed of Sales: Homes moved faster, with a median time to contract of just 28 days (a 6.7% reduction) and a median time to sales of 70 days (a 1.4% decrease).Inventory Levels: Active inventory rose by 27.3% to 3,864 homes, and the months’ supply of inventory increased by 33.3% to 4.4 months.

On the long-term rental side, I'm not exactly sure where your house is, but getting over $3,000 a month right now is for homes that are on the high end and in really nice neighborhoods.

But because of high prices and high rates most of the properties seem to be breakeven (at best), so this may be something to look into once rates decrease.

Rooms for rent for $1000 or less are in high demand. 

It means the bank has already foreclosed and they didn't sell it at the auction, either because no one bid or no one bid high enough for the bank to accept and they thought they would be better off selling direct to a buyer on the market.

If the fee is too high a magistrate may balk at it.