Hello everyone I'm a new investor I am educating myself, I will build a great network and take progressive action to be very successful in real estate investing.

I'm trying to evaluate if we should keep the property or sell it/1031 exchange into another investment, but I'm struggling to figure out how to do the analysis.Initial Purchase: $65,000 (Cash)Estimated market value: $250-270k - We'd clear $200-250k if we sold.Current Rental Income (after expenses): ~$1,417My gut tells me that we can leverage the proceeds into higher cash flowing investments, but I don't know how to do the math.

I became better and better at finding good subs to work with, and the progression happened naturally.

Building positive relationships with neighbors and local authorities can support your venture and help mitigate potential conflicts.Financial Considerations: Evaluate the potential costs and revenue associated with renting out camping areas on your land.

Here's a PARTIAL list:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Business income tax preparation and paymentsStaff payroll & payroll taxes Time Tasks: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why taking so long, and more & more & more...

Tenants often appreciate transparency and may be more understanding of future rent increases if they are aware of the property's maintenance challenges.Consider a Sale or 1031 Exchange: While you've expressed concerns about commission costs, it might be worth re-evaluating the long-term benefits versus the immediate costs.

As you progress life you’ll realize you value quality of life more (ie more personal time and lower stress) than maximizing paper yields.

I would probably consult a professional to evaluate all the opportunities and risks associated with each financing option.

The con here is evaluating the sydicator, checking their due diligence and financials are correct and conservative, and then making sure no games are being played. over the past few years, many folks including myself have found themselves victim to overly aggressive syndications where the operators were reckless with investor funds. 

Its balance, one needs the other to make progress.