Once the new tenant is in at the higher rate, could you also refinance to extract capital for other investments? 

If you want to extract the optimal value out of your current portfolio self-managing may be a better route, assuming you have the skills for it. 

If you do not comprehend what was written by him to extract the answer you seek, then you should re-think buying at a Judicial Sale.

This way out of a 5 year lease if they take a bath year 3 I have extracted maximum rent.In regards to NNN the leases it is true there is a base rent and then a CAM re-imbursement so they are essentially covering all the expenses.

You could have an attorney write a scare letter to try and extract what little money the previous tenant has now to settle it.

So I want to EXTRACT every single year the 2% rent increase as honestly I am just keeping pace with inflation.

If an investor is new the financing could take 6 to 7 months in some cases.I have had some companies tell me they would sell off market but wanted 4.5 caps and full value was extracted.

Extract yourself as cheaply as possible because you aren't going to get that money back.Don't beat yourself up over it, we've all had the tenant who didn't pay on time and we let slide a little.

Without extracting equity out, these markets would have cash flow far in excess of the cheap markets that initially had better cash flow but historically have rent increases that may not even keep up with inflation.In general, when property appreciates the rents increase. 

People are far more interested in the value and extracting what they can.