A properties can be great for appreciation if you read the market crystal ball correctly, but they aren't great income sources.

Thank you Crystal for your valuable input 

If you sell and plan to rent for awhile or sell and buy a smaller place to then buy a nicer place in the future you better hope your crystal ball is crystal clear or you’re making a HUGE financial mistake.

My advice to make sure you have a crystal clear investment criteria and bulletproof underwriting.

We house-hacked while doing an almost complete home renovation in 6 months, moved out, found wonderful tenants to move-in right away, continue to manage the property ourselves, and started up our business as Crystal Clear Properties LLC.

I.E. take out/delivery, auto parts, dollar store etc.But that's not very forward thinking.I'm lacking a crystal ball and and looking for some brainstorming on the future.

@Joe Splitrock, @Crystal Smith, @bill @Bill Pohl, @Jonathan Klemm, @Paul De Luca, @Filipe Pereira When I do have a vacancy I list the criteria which is all pretty cut and dry at this point. 

My crystal ball tells me, with lumber prices so high, labor shortages in the home building trades, we are not in a bubble.

thanks @Crystal Smith. definitely cashflow is our game.Agree that Demographics won't change but if there is Opportunities that Improves Living Conditions of these Distressed Neighborhoods do you think that will Compress cap rates over Long term Horizon?

that was ton if Information and insights. i decided not to pursue this deal anymore. i live in New york so try to focus on my local markets as I can see this Properties physically and get my ball rolling that way and exploring other opportunities in more certain neighborhoods(other States).Thanks @Crystal Smith, @Henry Lazerow, @Baris Yuksel, @Jonathan Klemm