(02-24-2020, 12:59 PM)StroudCrowd1 Wrote:

(02-24-2020, 12:25 PM)HURRICANE!!! Wrote: We're actually thinking about liquidating our investment homes now that they are back to the peak levels of 2008.  I find the older I get, even the simplest of repair requests are starting to annoy me.  I used to love it but now i just look forward to the monthly electronic rent deposits -- luckily we seem to be able to hold on to our tenants long term which alleviates the cash deficits due to vacancy and transition upkeep.

True,

I think one of the keys if you intend to be a long term rental property investor is to factor in property management when doing your cash flow analysis even if you intend to manage the properties yourself in the beginning. There are so many advantages tax wise as well.

Good long term tenants certainly increase the appeal of owning rental property, but that can't always be the case unfortunately.