Based on rent of $1,695, I think you'll be lucky to get an appraised value of $160k with a CoC return well under 2%.

What are the numbers?

Hello, BP famI wanted to share some of my research on new construction data in Maricopa County over the past 3 months!

I think you'll be hard pressed to get an ARV of $140k IMO...I'd expect something around $115k or lower.

I offered to break the lease but tenant did not take it. 

There is no penalty for the tenant to end the lease at any time with a 30 day notice"...And the reason I did this is because it is very important to me, with small town circumstances and dynamics for my family in the town the rental is located in, that the tenant not be disrespectful or unfair in any way. 

Hi Michael,Thanks for responding to my post.

When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates.

It took me ten years and dozens of deals to syndicate my first investment with investor money--and even then all my investors were co-workers that invested because they knew me and had seen what I was doing.  

Quote from @Victor Yang: If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?