Keep in mind that you get to depreciate these appliances on your taxes.

We have gotten a lot out of the connections we made within the group and Hunter keeps leveling up the quality of the group, always looking out to add more value. 

This keeps the listing inclusive while giving guests helpful info.

This helps keep strong applicants in the pipeline while still giving you a chance to meet them before making a final decision.

But because this is an older home that could use some renovations and the idea you may move back to Austin sooner than later, I would seriously consider keeping the home for now.  

This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.

I do not look for or go after the leads because of ONE thing I keep on preaching.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

Lastly, always keep your job and build your employment foundation because that keeps you income relevant and lendable.Hey thanks for your reply!

Then we keep the accounting straight via Quickbooks with each unit a different Class.