The general rule though is that if there is real estate involved in the lawsuit, the state law that controls is that where the real estate sits.

No, material costs sit nearly identical.

I only discuss sitting on the property for the next 30 years.

Top question you need to get a feel for is what would you do with the capital if you sold (or if you did a cash-out refinance) - if you have a good investment idea / usage that exceeds owning the current rental - you should likely pull the trigger, if you don't have a good usage for that capital then probably sit tight

I've seen some top investors do this too.Another thing i've noticed in Louisville, Remax listings in St mathews, Highlands, Clifton areas sitting for awhile.

Assuming you aren't doing this full time from your yacht sitting off of the US Virgin Islands you will be busy during the day living your actual life. 

So having it in an account sitting would not be ideal for what I seek to do.Great question and happy investing!

Rather than letting it sit on the market, we accepted a lower offer, understanding that sometimes time is more important than waiting for the perfect offer.

I've been sitting on the sidelines with Crowdstreet watching their projects and sometimes attending webinars.

because with a few months repair expenses built up in the account, the money was sitting there ready to go.