Exit Strategy:Every deal should have an exit strategy, whether that’s selling the property for a profit after appreciating in value, refinancing, or holding onto the property for long-term rental income.Connecting with Experienced Investors:It’s awesome that you’re looking to connect with others on this journey!

When thinking about selling or holding a property, ask yourself a few things: How much do you need to invest?

I am in the middle of finishing 2 flips there and have 2 long term Holds there as well. 

Quote from @Lorraine Hadden: I have client who are try to wait for interest rates to come down rather than buying what they can afford for the best rate and hold.

I don't know how that business could survive long-term with such low rates.If those numbers are accurate and you can net $38,000 a year, then it's worth holding onto.

How much should you hold in reserve?

For those holding hope they will fall and save existing deals, don't hold your breath. 

I'm from Minnesota and I have a video editing business where I can work from anywhere.

Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.

Areas in PG County Maryland or West Virginia, for example, might offer better opportunities for cash flow with a smaller down payment.That said, if you’re willing to hold long-term, Northern VA can be a fantastic place to invest.