Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit. 

Hey Becky, I see your note about cash flow being lower on the north side but appreciation being significant.

One hiccup and you're breaking even, like appraisals that come in at 265 (or even lower!). 

Basically types of deals where you will pay the money back quickly, but I have heard of some folks getting financing for longer term with lower rates. 

These include the actual cash flow (NOI), Your net cash coming in after expenses and allowancesDepreciation - the tax benefit that lowers your taxes. 

Gifting the property to your son transfers your basis ($265K) to him, allowing him to sell at his lower tax rate (0%-12%), but requires using part of your lifetime gift tax exclusion.

The lower the median age for the area, the better 1/1 will be.

Time the Sale Strategically: Selling the property in a year when your income is lower can place you in a lower capital gains tax bracket, reducing the tax rate on your gains.8.

As for a downward shift you can always lower your rate (underwrite a worst, middle and best case scenario), Make sure your rental stands out from the crowd (easy to do in Hawaii since most owners don't reinvest in their property).  

In San Jose I think that lowers the school fees cost/taxes etc.