For my part, i let the hot summer day passs and call in for a moisture cleaning for 640sqft on surface between the roof and cost me about 2700$ but  that was the only major concerne for a  1970 bungalow.i would pull the plug depending at your lvl  of repair skill 

I don't see repairs and cap-ex in your report and that would kill all of your cashflow.The ROI number is prefrence but you have to look at what else you can do like the stock market on average has made 8% which is less work than rentals so if you can't get better than that you could just put it in the stock market.That being said Portland is a hot market, although tapering off, but still hard to find a good deal. 

If you give him 50% he is going to disappear quicker than Joey Chestnut can make a hot dog disappear. 

I'm sure it is no surprise or secret that Texas is a very hot and desirable real estate market.

Reading about Dallas and how hot it is, you get mixed opinions between "there are still deals everywhere" and "you're late to the party, the time to be investing was 5 years ago." 

My logic is that maybe a pattern of new building permits in an area might indicate a hot market. 

Right now the market is still hot.

Oh yeah, we also renovated every square inch, including a new roof, HVAC, hot water heater, windows, waterproofed the basement, What was the outcome?

Purchase price: $81,000 Cash invested: $10,000 SFR in a hot deer park market.

I am also in a very hot renters market (Charlotte) where folks are moving to every day.