There is an increase of 5% if I stay MTM but can they charge me a fee on top of that?

Subsequently, you want to write where this is and maybe someone with knowledge of that state can give you more info. 

It’s interesting that you use the tax bill as a cause for the recession NOT to hit - many people blame the tax bill and subsequent increase in rates as an indicator that prices WILL drop 

They become increasingly convinced that it will actually work!

These tenants had been in place for 3 years without a rent increase, and the unit was well under market.

Is it still limited to the max 10% per year increase? 

Finding the houses or how to allocate my cash isn't my question today.My question is, instead of just buying 3 of these 60k houses outright in cash and not being able to use leverage, I would obviously prefer to get loans and use leverage in order to increase my cash on cash return.  

Anyway, this amount would give me a negative cash flow as per below:Cash Flow: $366 (income) - $466 (expenses) = -$100At most, I can increase it a bit to breakeven.One solution I could think of would be to use AirBnB (short-stay) rental instead to increase my monthly income from the unit.Roughly, let's say occupancy rate is 50%, if I can rent it for $40 / day (which is quite possible from what I see in the AirBnB listings in that area), then that's about $7,320 a year.

I am not concerned about age of building...it's really all about location and the opportunity for value add and increase the net operating income.

you def have increased liability and have to rely on tenants to keep gates shut etc.