When I calculated at $950 rent the numbers were obviously a little less attractive.

That makes this very attractive as I can do that 3 times by October for a total of $120.000 each, which should total my possible equity borrowed.

So working to increase that through my day job and continue to learn and look at deals that come up.

What are some things people have done to increase value of the properties they have as well, in similar situations.

@Steve LymanThat's a great question that we encounter daily, with increasing frequency.There's nothing that you "need to do" to qualify to receive IRA or 401K funds.

Most of the properties I'm looking at purchasing are in the 200k to 400k ball park, which would mean a monthly payment increase from $316.00 to $632.00 per month.

Your $50 increase is just under 10% of existing rent levels, and would put you about 13% less than the $700 goal.  

After seeing several posts regarding pet rent, I decided it is a perfect way to increase cash flow.

I'm expecting high equity on this property, so did something I generally don't do - I factored in 0% PM, which probably isn’t a good idea, but I plan on managing myself for the first year or two, and depending on the market, will either increase rent or sell.

She was turned away from every other landlord or mega apartment complex because of her credit score (she went through a divorce) but I want to help her increase it because she has been great as a renter.