Example - I bought a property for $100k with a NOI of 9k and annual cash flow of $5k and after closing costs my net will be $125kI am going to tag some of my smarter REI friends for advice @Chris Clothier @Brian Burke @Brandon Turner @Ben Leybovich @Jay HinrichsI do not sell, unless the block or neighborhood has deteriorated and I am no longer able to attract my target tenant quality.Why would you ever sell a quality property that is generating positive returns and is in a good area? 

Here are the questions I would ask at this point: Will the unit deteriorate even more or is the damage done? 

I understand that they get paid for "managing the property" but if it's just sitting there deteriorating, are they still getting paid?

I decided it was pretty slick and did it another couple times.My main strategy is buying rental properties with no cash down-find a deteriorated property, put in an offer, arrange an appraisal with an as-built and put some sweat equity into it.

Federal and State money availability is deteriorating but still widely available.

Is the porch slab deteriorated or is it just cracked?

The house has deteriorated severely in those 4 years.

Many are getting out of residential as it has become very cut throat and fees are deteriorating.

If the issue that caused the brick to deteriorate or move wasn't addressed, the bricks are likely to keep moving and the cracks from the brick transmitted through to the stucco.

Some have exceeded 50k because as we got into the project we kept discovering more and more damage i.e. dry rot, framing deterioration, decomposition, etc.