You'll figure out a good price for yours, but be sure to check the market every month or so, and track whether it is increasing, stabilizing, or decreasing.

Before listing I check my prices on rentometer.com to validate before listing. 

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

Lots of reasons for this...but you always want to check. 

Works great because I get guaranteed revenue either way and the partners are happy to be silent investors who get a check every month. 

If you haven't already check out the gifts Santa has left in the Resources page on Biggerpockets! 

I’ll still try to answer the question: Pros of Kansas City for buy and hold small multifamily rentals:  Hybrid market so you get some cash flow and some appreciation (con if you want only cash flow or only want appreciation) Inventory of 2, 4, and 5-50 MF buildings (not true of a lot of markets that only have SFH and very large complexes 100+ units)Relatively low property taxes, although check for the city and state you are in (e.g.

Then just write a check.  

Check with your local credit union: best rates and local decisions.You would get more with a cash out refi than HELOC.Mike

Check out the events forum for meetups near you for real estate investors.