There are plenty of investors in bay area who got rich by holding negative cash flow properties over long time.

The emotional / confidence factor does matter when it comes to conviction to hold over the longhaul.4) Are you improving or decreasing in the quality of area you are going into in order to acheive this cashflow in PGH?

(a) A person may acquire an option or an interest in a contract to purchase real property and then sell or offer to sell the option or assign or offer to assign the contract without holding a license 

And oftentimes they don’t make rent payments and hold you hostage to advance construction draws in order for them to give you back your own money as rent.

Still holding pretty strong, sellers just feel bad if they missed the peak, but overall demand is still there!

Would most likely hold long term in this scenario and refi if it made sense.     

👋I'm Richard from Toronto, Canada, and I'm looking for recommendations on the best locations in the USA or the Caribbean to invest in for a long-term hold (10-15 years).

In my experience, cash flow is key, especially for long-term holds, so running a detailed DSCR (Debt Service Coverage Ratio) analysis might be a good step here.On the flip side, if you're eyeing faster returns, a flip might be more lucrative.

Investment Info:Single-family residence buy & hold investment.

It seems as though you are happy with the property and it is a great long-term hold.