Why sell your asset if you have a way of extracting some capital back.  

While that isn't always the case depending upon the condition of the house, it is a common thought process.It also is just long enough to hopefully have had some equity build up via appreciation and loan paydown to extract some equity. 

Maybe but I question how many purchases I could have made if I needed the purchase price to be low enough to perform an extract of the purchase costs and the rehab costs.Therefore, I am not surprised that you find it difficult to extract the purchase and rehab costs (I also find this difficult). 

As I get more comfortable with real estate and I buy more properties I'll probably leverage up (especially if we get a meaningful recession) and eventually reduce the leverage when I want the cash flow for retirement.

If rates go up meaningfully or the stock markets plummet I think it’s likely we will see some buying opportunities. 

So, now I buy for CF.The challenge with this is the following:While we need some amount of CF to stay through the cycles, you are not going to have meaningful CF unless your basis hits at least 7.5 - 8 cap upon your acquisition.

Have you asked them when they are going to stop making their employer wealthy and do something meaningful for their own family's financial security instead?

Neighborhood class is subjective.Price to rent can be extracted on Zillow Data in a matter of minutes down to the zip code. 

Adding a sump might work, but you probably need drain tile to direct water to the sump for the proper way to extract the water.  

I did not write or create this content and have no claim on the brief extract.