The house is a 2 bed, 1 bath.The shop also has a kitchenette and bathroom,Total land size is 9000 sq ft.

This may seem more reasonable than arbitrary $25 rent bumps each year, but essentially covers you in a similar way.

@Daivis DeJesus I'd add to focus on the kitchen and bathroom and make them look clean and more modern. 

I think narrowing to five national markets is essential as a good market can make a deal over a 5 (or greater) year period.3.

However , we have essentially been house hacking if you will and want to continue that trend moving forward .Buying , living in it and adding value over a small period of time and then refinancing and renting it out .

Also found out that there were roof deterioration, brick damage on the outside of the home and tile floor damage in a bathroom.

Yeah that $42/mo increase is just from you bridging the gap and getting a lesser mortgage because of a lower appraisal, you're essentially paying yourself for overpaying.

I would get on there an see how much people are asking for a room with a shared bathroom.

@Joshua Van Every depends when you left - the city is getting a totally different vibe and energy, prices have been going up every year, median SF sales prices 8% in the last 12 months, but the neighborhoods have essentially not changed that much.

(New flooring, new walls, new paint, bathroom overhaul) The tenants from upstairs then moved into that unit.